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Main Street, Perth PH2 8 bed property for sale
Main Street, Perth PH2
£140,000
Main Street, Perth PH2
£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
- Property is being offered as a turn key investment opportunity with immediate cash flow
- 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 rare investment opportunity in Perth, Scotland, with a guide price of £140,000. The property, a former commercial space, has been accepted for planning to convert to residential use, offering a shrewd investor a unique chance to capitalize on the growing demand for housing in the area. With a current rental income of £1,800 per month, the property provides a 16% gross yield, and with the potential to fill the remaining vacant rooms, the yield can increase even further. The property consists of two 3-bedroom rental properties, a large lounge, pub, and commercial kitchen, making it an attractive turn-key investment opportunity with immediate cash flow. The location is prime, with Perth offering a rich history, picturesque landscapes, and modern amenities, making it an attractive destination for residents and investors alike.