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2 bed flat
Morris Court, Perth, Perth And Kinross
£120,000
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Our Summary
- Estimated market rent of approximately £900 PCM, offering strong potential for rental growth
- This well-presented 2-bedroom flat at 49 Morris Court, Perth PH1 2SZ represents an excellent investment opportunity, currently offered with a reliable sitting tenant
- Unlike many investment properties requiring refurbishment or lengthy marketing periods, this property provides immediate rental income from day one, making it an ideal addition for investors seeking a hassle-free, income-producing asset
- It is currently let at £770 PCM, with strong scope for rental growth, as the estimated current market rent is approximately £900 PCM
- Caledonia Portfolio Insight We have classified 49 Morris Court as a strong investment opportunity within the Perth market
- The portfolio provides immediate diversification, attractive combined rental income, and the potential for long-term capital growth within one of Scotland's most resilient regional markets
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Description
The property is a 2-bedroom flat at 49 Morris Court, Perth, with a current rental income of £770 per month. It is well-maintained and meets modern rental standards, with a strong scope for rental growth, as the estimated current market rent is approximately £900 per month. The flat is located in a area with a growing rental population and limited housing supply, driven by Perth's excellent transport links, strong local economy, and demand for quality rental accommodation.