£185,000 Opening Bid

The MacDonald Arms, Balbeggie, Main Street, Perth, PH2 6EU

188441591

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Type

Ownership

Occupation

Bedrooms

8

Council Tax

Band: C

Available documents

Legal Pack
Tenanted Commercial Property

Details

Property Summary

    • Prime Property Auctions is excited to bring to market this exceptional HMO property located within a prime location in Perth - ***Guide Price £185,000***

    • ***The Cottage, Balbeggie, Perth, Pth PH2 6EU Previously sold for £350,000. Primrose Cottage, Main Street, Balbeggie, Perth, Perthshire PH2 6EZ Previously sold for £245,000.***

    • Property is currently achieving an exceptional monthly rental of £1,800 pcm (£21,600 p/a), which provides an attractive 12%  gross yield based on a guide price of £185,000. With an opportunity to fill the other vacant rooms!

    • Sure to appeal to investors looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. ***HIGH YIELDING INVESTMENT***

    • The property recently got accepted for planning to convert the  property from what is currently a commercial to residential! Great opportunity for a shrewd investor.

    Prime Property Auctions is excited to bring to market this exceptional HMO property located within a prime location in Perth - ***Guide Price £185,000***

    Property consists of : 2, 3 bedroom rental properties, With 3 vacant bedrooms, Large lounge, Pub and large commercial kitchen.

    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. The local area has seen some great sales recently showing that there is strong demand. 

    Fantastic local sales evidence:

    ***The Cottage, Balbeggie, Perth, Pth PH2 6EU Previously sold for £350,000. Primrose Cottage, Main Street, Balbeggie, Perth, Perthshire PH2 6EZ Previously sold for £245,000.***

    The property recently got accepted for planning to convert the  property from what is currently a commercial to residential! Great opportunity for a shrewd investor.

    Property is being offered as a turn key investment opportunity with immediate cash flow. ***EXCELLENT RETURN OF 12% Yield!***

    Property is currently achieving an exceptional monthly rental of £1,800 pcm (£21,600 p/a), which provides an attractive 12%  gross yield based on a guide price of £185,000. With an opportunity to fill the other vacant rooms!

    This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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:

     

    Perth, situated in central Scotland, holds its own allure for residents and investors. With a rich history dating back centuries, this charming city boasts a blend of historical landmarks, picturesque landscapes, and modern amenities.

    Its strategic location, nestled along the banks of the River Tay and surrounded by lush countryside, offers a serene setting for those seeking a quieter pace of life while still being within reach of urban conveniences. 

    The city's economy is diverse, with sectors such as tourism, retail, and manufacturing contributing to its vitality. Perth's real estate market presents opportunities for investment, with various housing options available to suit different preferences and budgets. 

    Additionally, the city's educational institutions and healthcare facilities ensure that residents have access to quality services. Perth's cultural scene is vibrant, with festivals, events, and a thriving arts community adding to its appeal. Whether drawn by its historical charm, natural beauty, or economic prospects, Perth, Scotland, offers a welcoming environment for both residents and investors alike.

Location

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.

Floorplans

View Floorplan

Property Features

  • Prime Property Auctions is excited to bring to market this exceptional HMO property located within a prime location in Perth - ***Guide Price £185,000***
  • ***The Cottage, Balbeggie, Perth, Pth PH2 6EU Previously sold for £350,000. Primrose Cottage, Main Street, Balbeggie, Perth, Perthshire PH2 6EZ Previously sold for £245,000.***
  • Property is currently achieving an exceptional monthly rental of £1,800 pcm (£21,600 p/a), which provides an attractive 12% gross yield based on a guide price of £185,000. With an opportunity to fill the other vacant rooms!
  • Sure to appeal to investors looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. ***HIGH YIELDING INVESTMENT***
  • The property recently got accepted for planning to convert the property from what is currently a commercial to residential! Great opportunity for a shrewd investor.

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