Initial price	£205,000
19/12/24	£195,000
03/02/25	£185,000
Price Change	-9.76%

This property, located in Tobermory on the Isle of Mull, is a fantastic investment opportunity for shrewd investors. The 3-bedroom flat is situated on the seafront, with stunning views of the harbour and surrounding landscapes. The property is in walk-in condition and has the potential to be turned into a Serviced Accommodation, with serviced accommodations in the area achieving between £120-£140 per night. With a potential 70% occupancy per month, the property could generate an incredible gross yield if secured at the guide price. The property has previously been used as a holiday let, bringing in returns between £18,000-£20,000 per annum, and has the potential for capital growth. The vendor is motivated to sell and is looking for an auction sale, making this a rare opportunity for investors to snap up a discounted property in a sought-after location.