Investment Opportunity in Oban Argyll and Bute - 12 Self-Contained Flats for Sale
Oban, Argyll and Bute
- Status
FOR SALE
- Advert ID
634290
- Reference
SPY-55222733 / Rightbiz
- Call Agent:
- Asking Price: £1,100,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Investment Opportunity (SPV For Sale)
- Twelve self-contained flats
- High occupancy rates
- Strong monthly income
- Central Oban location
- Excellent transport links
- Severe rental shortage
- SPV - Limited Company For Sale
Highland Apartments, located on Breadalbane Street in central Oban, offers residents immediate access to a vibrant town center with shops, restaurants, medical facilities, and excellent transport links including the nearby railway station and ferry terminal. The property comprises a former hotel with a modern three-storey extension, forming twelve well-designed one and two-bedroom flats that blend period character with contemporary comforts. Apartments feature practical layouts, modern kitchens, and well-maintained communal areas, some with garden or town views. The site spans approximately 0.3 acres, with a private enclosed garden and convenient pedestrian access. This development presents a strong investment opportunity, benefiting from high occupancy rates and rental income between £375 and £580 per month. Oban’s acute shortage of long-term rental properties, amid a housing emergency, ensures sustained demand and potential rental growth, making Highland Apartments a secure and attractive option for investors seeking stable returns in a sought-after location.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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