House For Sale £247,000
** sale by auction - 22 September 2022 **
Timed Online Auction .
*** superb investment opportunity *** tenanted flat in South Street, City of Perth, 6 Bedsits, providing a substantial income of over £34000 per year *** huge 11% yield - must sell at auction *** Rent is £110 paid weekly per room. Property Consists:- Rear entrance accessed from main thoroughfare, Stairs leading to Entrance Porch, Hallway, 6 Bedrooms all with private bathrooms, Kitchen Diner. Benefits from city centre location comparable sales evidence:- 5 The Townhouse, Kings Place, PH2 4 bed, sold for £431,279 in Aug 2019; 23 Marshall Place, PH2,4 bed £430,000 in Oct 2019; 23 James Street sold for £349000 6 bed Apr 2019 The property provides an income of £2,860pcm which is £34,320pa, which provides a fantastic yield of over 11% if the property is obtained for the guide price. Tenants bills and internet are included in weekly paid rent of £110. All have own bathroom and each one has a fridge freezer, kettle, toaster & microwave. Property easily managed and owner run
The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow.
Auction Details
22 September 2022,10am-3pm
Timed Online Auction,
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 300 lots auctioned every 6 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
Timed Online Auction .
*** superb investment opportunity *** tenanted flat in South Street, City of Perth, 6 Bedsits, providing a substantial income of over £34000 per year *** huge 11% yield - must sell at auction *** Rent is £110 paid weekly per room. Property Consists:- Rear entrance accessed from main thoroughfare, Stairs leading to Entrance Porch, Hallway, 6 Bedrooms all with private bathrooms, Kitchen Diner. Benefits from city centre location comparable sales evidence:- 5 The Townhouse, Kings Place, PH2 4 bed, sold for £431,279 in Aug 2019; 23 Marshall Place, PH2,4 bed £430,000 in Oct 2019; 23 James Street sold for £349000 6 bed Apr 2019 The property provides an income of £2,860pcm which is £34,320pa, which provides a fantastic yield of over 11% if the property is obtained for the guide price. Tenants bills and internet are included in weekly paid rent of £110. All have own bathroom and each one has a fridge freezer, kettle, toaster & microwave. Property easily managed and owner run
The city of Perth has a resident population of approximately 46,000 persons, with the population of the surrounding catchment area estimated to be in the region of 130,000. Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow.
Auction Details
22 September 2022,10am-3pm
Timed Online Auction,
How to Bid Now
Submit an enquiry now or visit our website for full details on how to bid on this property.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 300 lots auctioned every 6 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
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