Offers Over £187,000

Portfolio of properties, West High Street, Crieff

Ideal Investment opportunity Perthshire Circa £220,000 (£18,000 per annum Gross income, there is potential to increase by 15-20%)

Key Information

£187,000
Fantastic Investment Opportunity
£18,000 per annum Gross income with potential to increase up to 20%
4 apartments and one cottage
Central location in the town of Crieff
Three already rented out

Room Information

Ideal Investment opportunity Perthshire - Circa £220,000 (£18,000 per annum Gross income, there is potential to increase by 15-20%)

The portfolio lists 5 properties comprising of:
A block of 4 apartments (3 currently rented) right in the heart of Crieff - 3 x 1 bedroom - 1 x 2 bedroom apartments and 1 x 2 bedroom cottage.

These properties are located right in the heart of Crieff situated on West Street close to all of the local shops and cafés. Crieff is an ideal investment opportunity as it has one of the largest Hotels, The Crieff hydro requiring large numbers of staff throughout the year within the town itself plus only 15 minutes away is the very Prestigious Gleneagles hotel, again with a high demand from staff in the local area.

With very little new build and starter homes for first time buyers there will always be a high demand for 1 and two bedroom apartments.

The current owner created and renovated all apartments and has a good sound knowledge of all works carried out. The apartment could benefit from a little modernisation but not too much to keep them at the low levels of maintenance required.

The occupation of rental Properties in Crieff is very high due to demand and the requirement of local businesses and tourism. This will be an ideal investment and has provided very good income for its current owner over the last 20 years. This would be excellent for landlords as there are tenants in all properties.

Apartment 1 - 2 Bedroom

Apartment 2 - 2 Bedroom

Apartment 3 - 1 Bedroom

Apartment 4 - 1 Bedroom

COTTAGE - 2 BEDROOM Access will be granted for buyers via Next Home.

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