Silverwood Resort, Errol PH2 2 bed bungalow for sale

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Silverwood Resort, Errol PH2 2 bed bungalow for sale

Silverwood Resort, Errol PH2
£125,000

Price History

Initial price £175,000
25/05/24 £163,000
15/11/24 £160,000
01/04/25 £125,000
Price Change -28.57%

Description

Prime Property Auctions presents a 2-bedroom detached Lodge in Errol, Perthshire, with a guide price of £160,000. The property is located in Silverwood Resort, a 5-star development licensed for full 12-month residency, offering a managed buy-to-let investment opportunity. The Lodge features 2 double bedrooms, 1 bathroom, ample storage, and modern appliances. The Resort offers various amenities, including a gym, sauna, children's play area, and on-site bar and restaurant. The property could achieve an average rental income of £7,080 per month, providing a gross yield of 53%. The village of Errol is nearby, offering amenities and activities within walking distance. The property benefits from no second home tax, no LBTT, no VAT, and no council tax, making it an attractive investment opportunity for buy-to-let investors or homeowners.