House For Sale £235,000
South Street, Perth PH2

* TENANTED INVESTMENT OPPORTUNITY * tenanted flat in South Street, City of Perth, 6 Bedsits, providing a substantial income of over £34000 per year * HUGE 15% 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 approx. 15% if the property is obtained for the opening bid 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

Auction Details
01 June 2023, 10am-3pm
Timed Online Auction

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