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5 bedroom cottage for sale
Blackbyres Cottage, Pyatknowe, Biggar, ML12 6JJ
£480,000
Blackbyres Cottage, Pyatknowe, Biggar, ML12 6JJ
£480,000
Our Summary
- This property is offered at a fantastic price to ensure an Auction sale
- Property requires a degree of renovation
- Sure to appeal to builder/investor looking for Rare auction property
- The local area has seen some great sales recently Sales Evidence: *** Hawkwood House, Biggar, ML12 6JJ previously sold for £625,000, Hartree Grange, Biggar, ML12 6JJ previously sold for £682,500 *** If used as a serviced accommodation investment the property could achieve £250 per night, which would generate (£1,750 per week),providing an outstanding annual income of £91,000 (£63,700) based on a 70% occupancy The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
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Here is a summary of the property description in a single paragraph without a list:
Prime Property Auctions presents a stunning five-bedroom detached cottage set in a beautiful rural setting on the outskirts of Biggar, with a guide price of £480,000. The property boasts a massive 3-acre site, with two beautifully kept garden areas and breathtaking landscape views. With a below market value opportunity, the property could generate a significant annual income of £91,000 if used as a serviced accommodation investment. The property requires some renovation and has fantastic capital growth potential, making it an attractive opportunity for builders and investors. The local area has seen recent sales of similar properties, including Hawkwood House, which previously sold for £625,000, and Hartree Grange, which sold for £682,500.