Gordon Street, Nairn IV12 3 bed duplex for sale

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Gordon Street, Nairn IV12 3 bed duplex for sale

Gordon Street, Nairn IV12
£70,000

Price History

Initial price £80,000
23/06/25 £70,000
Price Change -12.50%

Description

This vacant 3-bedroom duplex flat in Nairn, Scotland, is a prime new listing with exciting potential for renovation and investment. The property, located in a prime location, requires full renovation but could command a substantial rental income of £900-£1,000 PCM or £10,800-£12,000 PA, providing a gross yield of 13.5-15% based on the guide price. With the necessary permissions, the property could be converted into a 4-bedroom property, offering a BRRR opportunity for investors. The property has excellent sales evidence in the area, with similar properties selling for £203,000 and £208,000 in recent years. The property is being offered at a fantastic discount to ensure a sale and is open to immediate offers.