Post Office Building Main Street, Flat 1, Tobermory, Isle of Mull, PA75 6NT

Description

• PRIME NEW LISTING. We are excited to present this vacant 3-bed flat located within a prime location in Tobermory. HOME REPORT £235,000 

• **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**

• Serviced accommodation within the area achieves between £120 - £140 per night. With a 70% occupancy rate, this unit could potentially generate between £30,240 - £35,280 per annum, offering an incredible gross yield if secured at the guide price.

• The property will be sold vacant and is in walk-in condition, making it an ideal opportunity for first-time buyers or families seeking their new home. It's also perfect for savvy investors looking to acquire a highly lettable property in a desirable location.

• Situated right on the seafront, this property is only a stone's throw from local amenities such as cafes and restaurants, with easy access to public transport. Its walk-in condition makes it highly attractive to investors seeking properties in sought-after locations.

PRIME NEW LISTING. We are excited to present this vacant 3-bed flat located within a prime location in Tobermory. HOME REPORT £235,000 

The property comprises 3 spacious bedrooms, a generously sized living room with stunning sea views, a well-equipped kitchen, a bathroom, and ample storage space.

Serviced accommodation within the area achieves between £120 - £140 per night. With a 70% occupancy rate, this unit could potentially generate between £30,240 - £35,280 per annum, offering an incredible gross yield if secured at the guide price.

The property will be sold vacant and is in walk-in condition, making it an ideal opportunity for first-time buyers or families seeking their new home. It's also perfect for savvy investors looking to acquire a highly lettable property in a desirable location.

Situated right on the seafront, this property is only a stone's throw from local amenities such as cafes and restaurants, with easy access to public transport. Its walk-in condition makes it highly attractive to investors seeking properties in sought-after locations.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**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**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Tobermory, located on the Isle of Mull, is a charming town known for its picturesque, colourful harbour. It offers a range of local amenities including shops, cafes, and restaurants, making it an attractive destination for both residents and visitors. With its stunning coastal views and vibrant community, Tobermory is a sought-after location for property buyers.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.