West High Street

2 Bedroom

Apartment

£174,950 Offers Over

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Property Summary

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

Property Features

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

Full Details

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. Please note that all properties are tenanted.

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.

FINANCIAL SERVICES Next Home Mortgages offers a range of mortgage, financial and insurance services.

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LEGAL SERVICES In association with Next Home, Next Law are a dynamic, forward thinking law firm providing a range of legal services to clients from offices based throughout Perthshire.

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Disclaimer notice:
These particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract intending, purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm’s employment has the authority to make or give representation or warranty in respect of the property. All rooms sizes are approximate and for general guidance only. They cannot be relied upon for fitting carpets, furniture, etc.