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3 bedroom flat for sale
Main Street, Tobermory PA75
£195,000
Main Street, Tobermory PA75
£195,000
Our Summary
- We are excited to bring to the market this excellent residential investment opportunity on the Isle of Mull * Home Report £240, 000 **55 Main Street, Tobermory, Isle Of Mull, PA75 6NT previously sold for £244,625, Penmore Cottage, Albert Street, Tobermory, Isle Of Mull, PA75 6PJ previously sold for £279,536 in 2024 *Excellent BRRR opportunity, has the potential to be turned into a Serviced Accommodation and massive rental income upside
- We are excited to bring to the market this excellent residential investment opportunity on the Isle of Mull * Home Report: £240,000, Guide Price 205,000 *Property comprises: 3 bedrooms, spacious Living room, bathroom, kitchen, sea views and ample storage space* Home Report : £240,000 *Hugely discounted price to ensure an auction sale
- *55 Main Street, Tobermory, Isle Of Mull, PA75 6NT previously sold for £244,625, Penmore Cottage, Albert Street, Tobermory, Isle Of Mull, PA75 6PJ previously sold for £279,536 in 2024 *Property offers fantastic capital growth potential
- Excellent BRRR opportunity has the potential to be turned into a Serviced Accommodation and massive rental income upside
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
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Here is a summary of the property description in a single paragraph:
This charming property on the Isle of Mull is a fantastic investment opportunity, offering a hugely discounted price to ensure an auction sale. With a guide price of £205,000, the property has the potential to generate massive rental income upside as a serviced accommodation, with local properties achieving between £120-£140 per night. The property, located on the seafront in Tobermory, features 3 bedrooms, a spacious living room, bathroom, kitchen, and sea views, making it an excellent choice for shrewd investors looking for an easily lettable property in a sought-after location. With a previous sale price of £244,625 and potential for capital growth, this property is sure to appeal to homeowners and investors alike.