Highland Apartments, Breadalbane... Block of apartments for sale

>

Highland Apartments, Breadalbane... Block of apartments for sale

Highland Apartments, Breadalbane Street, Oban, Argyll
£1,100,000

Our Summary

  • InvestmentHighland Apartments offers an outstanding investment opportunity, comprising twelve self-contained flats with a strong history of long-term tenants and consistently high occupancy
  • With established occupancy and the potential for future rental increases, this property offers security and growth potential, representing an appealing choice for investors

Description

Highland Apartments, located on Breadalbane Street in Oban, offers a prime living and investment opportunity. The property, formerly a hotel, has been extended and upgraded to provide 12 modern apartments with a mix of one and two bedrooms. The apartments feature practical layouts, stylish kitchens, and modern bathrooms, with some offering scenic views over the landscaped gardens or town. The property is situated in a prime location, close to local amenities, transport links, and recreational facilities, making it an attractive choice for tenants. With a strong history of long-term tenants and consistently high occupancy, the property offers an excellent investment opportunity, providing a total income of around £5,500 per month. The ongoing shortage of rental accommodation in Oban ensures continued high demand for long-term rentals, making this property an appealing choice for investors seeking security and growth potential.