Shop On Main Street, Lumsden, AB54 4JP

Description

• PRIME NEW LISTING. We are excited to present this remarkable mixed-use property consisting of a spacious 4-bedroom flat connected to a commercial shop, located within a prime location in Lumsden.

• **Westwood House, Main Street, Huntly AB54 4JP sold for £144,9500 in Jun 2016, Ashvale, The Square, Huntly AB54 4GQ sold for £160,000 in May 2021**

• This property, located in an exceptionally sought-after area, promises impressive rental incomes, achieving approximately £1,500 per month or £18,000 per annum. Acquiring this flat at the guide price could allow for a remarkable gross yield.

• Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building, subject to securing the necessary planning consents.

• An ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.

PRIME NEW LISTING. We are excited to present this remarkable mixed-use property consisting of a spacious 4-bedroom flat connected to a commercial shop, located within a prime location in Lumsden.

The property comprises a spacious and inviting 4-bedroom flat that seamlessly connects to a well-positioned commercial shop on the ground floor.

This property, located in an exceptionally sought-after area, promises impressive rental incomes, achieving approximately £1,500 per month or £18,000 per annum. Acquiring this flat at the guide price could allow for a remarkable gross yield.

Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building, subject to securing the necessary planning consents.

An ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Westwood House, Main Street, Huntly AB54 4JP sold for £144,9500 in Jun 2016, Ashvale, The Square, Huntly AB54 4GQ sold for £160,000 in May 2021**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Lumsden is a charming village located in the scenic Aberdeenshire region. Known for its picturesque landscapes and friendly community, the area offers a serene lifestyle while being conveniently connected to larger towns. Ideal for those seeking tranquility with easy access to amenities.

Map

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Virtual Tour

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.