Flat for sale in 176A South Street, Perth PH2

• Prime Property Auctions is excited to bring to market this exceptional 4 Bedroom property located within a prime location in Perth - ***Guide Price £250,000***


• ***38, Hamilton Place, Perth, Perthshire, PH1 1BD Previously sold for £500,000. 8 Dunnottar, Stormont Street, Perth, Perthshire, PH1 5NW Previously sold for £325,000. 193b, Glasgow Road, Perth, Perthshire, PH2 0LZ Previously sold for £283,159***


• Property is currently achieving an exceptional monthly rental of £3,120 p/m (£37,440 p/a), which provides an attractive 15% gross yield based on a guide price of £250,000.


• Sure to appeal to investor looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. ***high yielding investment***


• Property is situated in a sought after buy to let location with long term tenants currently in situ - ***turn key investment***

Prime Property Auctions is excited to bring to market this exceptional 4 Bedroom property located within a prime location in Perth - ***Guide Price £250,000***

Property Comprises: Entrance hall, living room, dining area, kitchen, 6 Large double bedrooms and Bathroom. Property benefits from ample storage throughout.

Excellent turn-key investment Opportunity. Sure to appeal to investors looking for an already let property in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand.

Fantastic local sales evidence:

***38, Hamilton Place, Perth, Perthshire, PH1 1BD Previously sold for £500,000. 8 Dunnottar, Stormont Street, Perth, Perthshire, PH1 5NW Previously sold for £325,000. 193b, Glasgow Road, Perth, Perthshire, PH2 0LZ Previously sold for £283,159***

This property benefits long term tenants in situ for 7 years - High yielding investment property.

Property is being offered as a turn key investment opportunity with immediate cash flow. ***excellent return of £37,440 per annum***

Property is currently achieving an exceptional monthly rental of £3,120 p/m (£37,440 p/a), which provides an attractive 15% gross yield based on a guide price of £250,000.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Perth, situated in central Scotland, holds its own allure for residents and investors. With a rich history dating back centuries, this charming city boasts a blend of historical landmarks, picturesque landscapes, and modern amenities. Its strategic location, nestled along the banks of the River Tay and surrounded by lush countryside, offers a serene setting for those seeking a quieter pace of life while still being within reach of urban conveniences. The city's economy is diverse, with sectors such as tourism, retail, and manufacturing contributing to its vitality. Perth's real estate market presents opportunities for investment, with various housing options available to suit different preferences and budgets. Additionally, the city's educational institutions and healthcare facilities ensure that residents have access to quality services. Perth's cultural scene is vibrant, with festivals, events, and a thriving arts community adding to its appeal. Whether drawn by its historical charm, natural beauty, or economic prospects, Perth, Scotland, offers a welcoming environment for both residents and investors alike.