Plot 5, Erray Road, Tobermory, Isle of Mull, PA75
By Bell Ingram
£ 75,000
Reviews
2 out of 5 stars
Bell Ingram says ..
An exciting opportunity to acquire a prime development plot with full planning permission, located above the picturesque coastal town of Tobermory on the ever-popular Isle of Mull
Property Oracle says ..
This listing presents a development plot located above Tobermory on the Isle of Mull, offering a unique opportunity. The plot boasts full planning permission and a sizeable area of approximately 0.3 acres, suitable for a substantial build. The surrounding area appears idyllic, with scenic views visible in the provided aerial photos. The existing land is cleared and prepared to some extent, though the lack of built structures necessitates the building of a new home. The price point of £75,000 seems potentially attractive in the context of the Isle of Mull’s property market, although the absence of precise square footage data and comparable sales figures complicates a fully informed valuation. The remoteness of the location may appeal to buyers seeking tranquility but might deter those prioritizing proximity to urban amenities and transport links. Potential buyers should carefully consider their personal needs and circumstances before making an offer.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 3
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 283,333.00 £Decreased by 37.45 %
- Average area rental value
- 1,195.00 £/moDecreased by 32.68 %
- Est rental Yield
- 5.06 %Increased by 7.66 %
- Crime Rate
- 0.00 %
Agent Activity
Bell Ingram created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Burnett Drive | £ 0 | 0 | 0.00 KM |
| Raeric Road | £ 385,000 | 0 | 0.00 KM |
| Craigspuir Lane | £ 0 | 0 | 0.00 KM |
| Eas Brae | £ 450,000 | 0 | 0.00 KM |
| The Grazings | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Plot 5, Erray Road, Tobermory, Isle of Mull, PA75 | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Burnside Lodge, Erray Road, Tobermory | £ 275,000 | BUY | Unknown | 0.06 KM |
| Cala Cuin, Raeric Road, Tobermory, Isle of Mull, PA75 | £ 350,000 | BUY | 7 / 10 | 0.25 KM |
| Creagan Park, Erray Road, Tobermory, Isle of Mull, PA75 | £ 185,000 | BUY | 8 / 10 | 0.28 KM |
| Raeric Road, Tobermory, Isle Of Mull, PA75 | £ 465,000 | BUY | Unknown | 0.43 KM |