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Main Street, Perth PH2 8 bed property for sale
Main Street, Perth PH2
£140,000
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
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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.