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Main Street, Tobermory PA75 3 bed flat for sale
Flat 1, Post Office Building, Main Street, Tobermory, Isle of Mull, PA75 6NT
£185,000
Flat 1, Post Office Building, Main Street, Tobermory, Isle of Mull, PA75 6NT
£185,000
Price History
Initial price | £205,000 |
19/12/24 | £195,000 |
03/02/25 | £185,000 |
Price Change | -9.76% |
Description
This excellent residential investment opportunity is located on the Isle of Mull and offers a rare chance to own a property in a stunning location at a discounted price. The property, which previously sold for £244,625, is now being offered at a guide price of £205,000. With three bedrooms, a spacious living room, bathroom, kitchen, and sea views, this property has the potential to generate significant rental income through serviced accommodation. According to local data, serviced accommodations in the area are achieving between £120-£140 per night, with the potential to earn £30,240-£35,280 per annum at 70% occupancy. The property is in walk-in condition and is located on the seafront, just a stone's throw from local amenities. With a hugely discounted price to ensure an auction sale, this property is an excellent opportunity for shrewd investors looking for a massively discounted flat in a sought-after location.