High Street, Perth PH1 5JS

1 bedroom Flat in Perth

Sold
Offers Over £45,000
Current Yield 8.4 %
Potential Yield 10.8 %
Property Reference: 192013642
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 40 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Perth Town Centre Location - Perfect for Renters
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 1 bedroom flat located in Perth. It has a long term tenant currently situated, is in the perfect location for renters and is able to generate a fantastic rental income.

For investors in this area, this would be a great addition to your portfolio!

This well-kept home features 1 bedroom, a three-piece bathroom, a lounge, and a kitchen.

Investment details

The property currently produces an annual gross income of £4,200 which could be increased by the new owner to a market rate of £5,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is located in the town centre of Perth. Here, there are countless amenities within walking distance of the property such as restaurants, cafes, supermarkets, convenience stores, retail stores, local service businesses and leisure facilities.

The Perth Train Station is also available which allows for easy travel to surrounding areas.

Living Space/lounge

The lounge makes for a good living area with enough space for furniture and family gatherings.

Kitchen

The kitchen is a good size for a couple of occupants.

Bathroom

A bathroom consists of a wash basin, W.C. and bathtub.

Bedrooms

The bedroom is a good size with enough room for a double bed, bedroom furniture and storage cabinets.

Exterior

There is an on street parking outside the property.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: A
Property Reference: 192013642

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £350
  • Potential Rent pcm: £450
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 192013642
Property Reference: 192013642

Property Location

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Request DetailsHigh Street, Perth PH1 5JS

Offers Over £45,000

Make an offer
High Street, Perth PH1 5JS

Listing Price

Offers Over £45,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.