11 bed Flat For Sale £500,000
A lucrative opportunity has arisen to purchase the Second Chance Portfolio, a selection of 6 properties.
Despite the current economic and political uncertainty, the Scottish Private Rented Sector (PRS) continues to perform well, with lack of supply paired with a high demand for renters. The latest report from letting portal Citylets (Q4 2020) shows that year-on-year, average rents across Scotland as a whole have risen by 3.6%. This, coupled with the average time to let falling, makes now the perfect time to invest.
The Second Chance Portfolio has a cumulative value of £960,000 and generates an impressive
gross annual yield of 7.5%, which is significantly higher than the average yield in Scotland’s four major cities: Edinburgh (5.1%), Glasgow (5.8%) and Aberdeen (5.5%). The portfolio of mostly one and two-bedroom apartments, with one three-bedroom property, are all fully compliant with current rental regulations and legislation and there is 100% occupancy across the portfolio.
6 Apartments in Inverkeilor. Converted from the former Chance Inn Inverkeilor five years ago.
Despite the current economic and political uncertainty, the Scottish Private Rented Sector (PRS) continues to perform well, with lack of supply paired with a high demand for renters. The latest report from letting portal Citylets (Q4 2020) shows that year-on-year, average rents across Scotland as a whole have risen by 3.6%. This, coupled with the average time to let falling, makes now the perfect time to invest.
The Second Chance Portfolio has a cumulative value of £960,000 and generates an impressive
gross annual yield of 7.5%, which is significantly higher than the average yield in Scotland’s four major cities: Edinburgh (5.1%), Glasgow (5.8%) and Aberdeen (5.5%). The portfolio of mostly one and two-bedroom apartments, with one three-bedroom property, are all fully compliant with current rental regulations and legislation and there is 100% occupancy across the portfolio.
6 Apartments in Inverkeilor. Converted from the former Chance Inn Inverkeilor five years ago.
