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8 bedroom property for sale
The MacDonald Arms, Balbeggie, Main Street, Perth, PH2 6EU
£140,000
The MacDonald Arms, Balbeggie, Main Street, Perth, PH2 6EU
£140,000
Price History
Initial price | £150,000 |
03/04/24 | £175,000 |
04/04/24 | £185,000 |
31/07/24 | £165,000 |
25/01/25 | £140,000 |
Price Change | -6.67% |
Description
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Here is a summarized version of the property description in a single paragraph:
Prime Property Auctions presents a fantastic opportunity to invest in a prime location in Perth, Scotland. The property, a former commercial space, has been accepted for planning to convert into a residential property, offering a great chance for a shrewd investor. The property consists of two 3-bedroom rental properties, a large lounge, pub, and commercial kitchen, and has the potential to generate £2,000 per month (£24,000 per year) in rental income, providing a 17% gross yield based on a guide price of £140,000. The local area has seen strong demand and sales recently, with nearby properties selling for £350,000 and £245,000. The property is open to immediate offers and will feature in a timed online auction.