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1 bedroom property for sale
Comrie street, Crieff PH7
£45,000
Comrie street, Crieff PH7
£45,000
Our Summary
- The Property has the potential to achieve a rental income of £580 p/m (£6960 p/a) - £625 p/m (£7500 p/a) which returns an outstanding yield of 17% - 19% per annum, based of a guide price of £45,000
Description
Prime Property Auctions is offering a high-yielding commercial investment opportunity in Crieff, Scotland, with a guide price of £45,000. The property, located on Comrie Street, is a spacious commercial space with underground storage, offering a potential rental income of £580-£625 per month, which translates to a yield of 17-19% per annum. The property benefits from immediate cash flow, good footfall, and is likely to appreciate in value or increase in rental income after renovation. With a rateable value of £2,200, it also qualifies for 100% rate relief (subject to qualification). The property is an attractive investment opportunity for landlords looking for an affordable and easily lettable property, with the potential to generate significant returns.