Plot at Albert Road, Oban, Argyllshire, PA34 5EJ
MA

Plot at Albert Road, Oban, Argyllshire, PA34 5EJ

By MacPhee And Partners LLP

£ 90,000

Reviews

2 out of 5 stars

MacPhee And Partners LLP says ..

The sale offers an excellent opportunity to purchase a rarely-available, town centre building plot which enjoys enviable views over Oban Bay towards the island of Kerrera. Benefiting from Full Planning Permission for a 4 storey townhouse, the plot extends to around 0.13 acres.

Property Oracle says ..

This listing presents an opportunity to acquire a building plot in the attractive Scottish town of Oban. The plot boasts full planning permission for a four-storey townhouse and enjoys enviable views over Oban Bay. Its central location offers convenient access to local amenities and transport. However, the images reveal that the land is currently undeveloped and overgrown, requiring preparation and site clearance before construction can commence. The absence of property specifics like precise plot size and square footage limits a precise valuation. While the price of £90,000 appears relatively reasonable when compared to similar nearby properties, the complete lack of developed structures on the site presents risks. Potential buyers need to consider the time and cost implications of site preparation and the building process when assessing overall value.

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
6
Condition
4
Location
7
Land
5
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

  • MacPhee And Partners LLP marked this listing as sold.

  • MacPhee And Partners LLP created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Craigard Road £ 000.00 KM
John Street £ 000.00 KM
Ardconnel Road £ 000.00 KM
Stafford Street £ 000.00 KM
Breadalbane Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Oban8725OBN0.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plot at Albert Road, Oban, Argyllshire, PA34 5EJ £ 90,000BUY5 / 100.00 KM
132A George Street, Oban, Argyll, PA34 5NU £ 160,000BUYUnknown0.10 KM
Flat 3 Netherbrae, Craigard Road, Oban, PA34 5NP £ 100,000BUY6 / 100.11 KM
4 John Street, Oban, Argyll, PA34 5NS £ 199,950BUY7 / 100.12 KM
12 Dalriach Court, Dalriach Road, Oban, PA34 5EH £ 190,000BUY6 / 100.13 KM