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1 bed flat
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Price History
Our Summary
- Core Investment Opportunity
- Scope to Add Value
- A Prime Investment Opportunity with clear income growth potential in a strong city-centre location
- Currently generating £380 PCM, with an estimated market rental value of £500 PCM, this asset offers immediate income alongside a straightforward uplift opportunity
- Caledonia Portfolio Insight We classify this as a Prime Investment Opportunity
- With scope to increase income to £500 PCM, investors can enhance yield through focused asset management
- Should both assets be acquired, combined rental income has the potential to reach £1,000 PCM across the two units, creating a stronger multi-unit income stream within a single micro-location
- With immediate income, proven rental demand and clear scope for growth, 50A Victoria Street represents an attractive acquisition for investors seeking dependable returns with upside potential
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Description
The property is located at 50A Victoria Street in the PH2 postcode, a prime location in the Perth city centre, close to transport links, retail amenities, and the River Tay. It is a traditional property in an established residential setting that appeals to professionals, commuters, and local tenants, offering dependable occupancy and resilient rental demand. The property generates £380 PCM in rent, with an estimated market rental value of £500 PCM, providing an immediate income rise opportunity.
It has a strategic advantage if sold as a multi-unit property, with combined rental income potentially reaching £1,000 PCM across the two units.