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8 bedroom property for sale
The MacDonald Arms, Balbeggie, Main Street, Perth, PH2 6EU
£140,000
The MacDonald Arms, Balbeggie, Main Street, Perth, PH2 6EU
£140,000
Our Summary
- Excellent turn-key investment Opportunity
- Sure to appeal to investors looking for an already let property in a sought after location with great potential for Capital Growth
- This property is offered at a fantastic price to ensure an Auction sale
- 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 summarized version of the property description in a single paragraph:
Prime Property Auctions presents a fantastic opportunity to invest in a prime location in Perth, Scotland. The property, a former commercial space, has been accepted for planning to convert into a residential property, offering a great chance for a shrewd investor. The property consists of two 3-bedroom rental properties, a large lounge, pub, and commercial kitchen, and has the potential to generate £2,000 per month (£24,000 per year) in rental income, providing a 17% gross yield based on a guide price of £140,000. The local area has seen strong demand and sales recently, with nearby properties selling for £350,000 and £245,000. The property is open to immediate offers and will feature in a timed online auction.