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Cruachan Crescent, Oban, Argyll, Oban PA34

Scotland

£175,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
775 sqft

Description

This modern two-bedroom mid-terraced house presents an excellent opportunity for renovation and investment, situated within a short walk from Oban town centre. The property has benefited from a series of recent enhancements such as solar panels, upgraded electric heating, and improved electrical installations — all completed in 2025. These upgrades not only contribute to enhanced energy efficiency but also promise reduced utility costs moving forward. The layout includes a welcoming front porch leading into a hall, a spacious lounge/diner perfect for entertaining, and a fitted kitchen with convenient access to the enclosed back garden. Upstairs, you'll find two generously sized double bedrooms alongside a family bathroom. One of the standout features is the large loft space that offers significant development potential pending necessary approvals. With good storage throughout and free on-street parking available, this property offers practicality for its occupants and is ideal for first-time buyers or those looking to downsize in proximity to local amenities including shops, schools, and public transport links. Investors may find the development potential appealing, particularly given the home's enviable location close to Dunollie woods and coastal areas.

Investment analysis

(PA34 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£226/sq ft
Area Average
£237/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£202,043
10% above area average per sq ft
Potential ROI
+1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (PA34)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +4.7%
5 year growth: +16.8%
Investment Disclaimer: Analysis based on PA34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cruachan Crescent, Oban, Argyll, Oban PA34
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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