Main Street, Perth PH2 8 bed property for sale

>

Main Street, Perth PH2 8 bed property for sale

Main Street, Perth PH2
£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

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: Prime Property Auctions presents a rare investment opportunity in Perth, Scotland, with a guide price of £140,000. The property, a former commercial space, has been accepted for planning to convert to residential use, offering a shrewd investor a unique chance to capitalize on the growing demand for housing in the area. With a current rental income of £1,800 per month, the property provides a 16% gross yield, and with the potential to fill the remaining vacant rooms, the yield can increase even further. The property consists of two 3-bedroom rental properties, a large lounge, pub, and commercial kitchen, making it an attractive turn-key investment opportunity with immediate cash flow. The location is prime, with Perth offering a rich history, picturesque landscapes, and modern amenities, making it an attractive destination for residents and investors alike.