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Main Street, Balbeggie, Perth, PH2 6EU 9 bed house for sale
Main Street, Balbeggie, Perth, PH2 6EU
£130,000
Main Street, Balbeggie, Perth, PH2 6EU
£130,000
Price History
Initial price | £138,000 |
29/03/25 | £130,000 |
Price Change | -5.80% |
Description
This former 9-bedroom hotel in rural Perthshire offers a unique investment opportunity with planning permission granted to convert it into a residential property. Currently operating as a House of Multiple Occupancy (HMO), the property generates £1,800 per month, with potential to increase income to £35,000 per year with full occupancy. The flexible layout includes 9 bedrooms, 3 kitchens, and a former public bar/restaurant area, offering opportunities to maximize income or create a family home. Located near the affluent village of Balbeggie and within easy reach of Perth City Centre, Edinburgh, Glasgow, and Stirling, the property benefits from a constant demand for accommodation from tourists and locals alike. With house prices increasing at a higher rate than the UK average, this property presents a rare chance to acquire a valuable asset at a significantly discounted price.