Lot 1 Achafolla Mill, Toberonochy, Oban, Argyll and Bute, PA34
GA

Lot 1 Achafolla Mill, Toberonochy, Oban, Argyll and Bute, PA34

By Galbraith

£ 80,000

Reviews

2 out of 5 stars

Galbraith says ..

Rare opportunity in a superb island location.

Property Oracle says ..

This listing presents a unique opportunity in a stunning, yet remote, location on the Isle of Luing. The property, however, is not a habitable dwelling. The current structure is a ruin, requiring either complete renovation, which would likely be extremely costly, or demolition and rebuilding. The significant amount of land surrounding the ruin is a key feature. The asking price seems reflective of the substantial restoration work required, but buyers should carefully consider the costs involved before making an offer. The lack of readily available information, particularly relating to the land size, is a consideration. The location is exceptionally scenic but extremely remote, suitable for individuals seeking peace and quiet, but potentially challenging for those needing easy access to amenities. Prospective purchasers should be prepared for substantial financial investment and the potential complexities of development in a remote area. Conducting a thorough survey and gaining necessary permissions before committing would be advisable.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
2
Location
4
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 %
from 452,952.00 £
Average area rental value
1,195.00 £/mo
Decreased by 32.68 %
from 1,775.00 £/mo
Est rental Yield
5.06 %
Increased by 7.66 %
from 4.70 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Galbraith created the listing.

Images

Picture No. 07 Picture No. 02 Picture No. 04 Picture No. 03 Picture No. 06 Picture No. 05 Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Balure Cottage £ 000.00 KM
Toberonochy Village £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lot 1 Achafolla Mill, Toberonochy, Oban, Argyll and Bute, PA34 £ 80,000BUY4 / 100.00 KM
Plot at Toberonochy, Isle of Luing, PA34 4UE £ 99,000BUY7 / 101.65 KM
Seabank, Toberonochy Village, Toberonochy £ 230,000BUYUnknown1.72 KM