* Freehold
* Six properties (apartments)
* Fully let and compliant
* High Standard Props
* Popular Areas
* 7. 38% Yield
A lucrative opportunity has arisen to purchase the Second Chance Portfolio, a
selection of 6 properties.
Despite the current economic and political uncertainty, the Scottish Private
Rented Sector (prs) continues to perform well, with lack of supply paired with
a high demand for renters. The latest report from letting portal Citylets (Q4
2020) shows that year - on - year, average rents across Scotland as a whole have
risen by 3. 6%. This, coupled with the average time to let falling, makes now
the perfect time to invest.
The Second Chance Portfolio has a cumulative value of £500, 000 and generates
an impressive
gross annual yield of 7. 5%, which is significantly higher than the average
yield in Scotland’s four major cities: Edinburgh (5. 1%), Glasgow (5. 8%) and
Aberdeen (5. 5%). The portfolio of mostly one and two - bedroom apartments, with
one three - bedroom property, are all fully compliant with current rental
regulations and legislation and there is 100% occupancy across the portfolio.
6 Apartments in Inverkeilor. Converted from the former Chance Inn Inverkeilor
five years ago.
EPC rating: Unknown