9 bed terraced house for sale in 2, Netherley Place, Ballater AB35, £475,000

475,000.00

Offer Nr.:
65367636
Type of ad:
for Sale
Property type:
9 bed terraced house
Bedrooms:
9
Bathrooms:
9
Reception rooms:
1
Contact name:
Prime Property Auctions
Phone(s):
0330 098 3814

* Freehold
* Prime property auctions new entry. Rarely Available Investment Opportunity - 9 Bedroom Bed and Breakfast - priced for auction sale
* *** Greystones, Abergeldie Road, Ballater, Aberdeen, AB35 5RR sold for £850, 000 in December 2017, Chanaich Lodge Cottage, Porvost Craig Road, Ballater, Aberdeen, AB35 5NN sold for £602, 500 in January 2017 ***
* Property could achieve £450 - £500 per calendar month based on an HMO let providing an annual income of £48, 600 - £54, 000. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
* Property is currently being run as a bed and breakfast and has the potential to be converted into an HMO premises subject to the necessary consents.
* Property could command gross yields between 10. 2% - 11. 37% gross based off a guide price of £475, 000 and ran as a HMO.
* Prime Property Auctions new entry. Rarely Available Investment Opportunity - 9 Bedroom Bed and Breakfast - priced for auction sale
* *** Greystones, Abergeldie Road, Ballater, Aberdeen, AB35 5RR sold for £850, 000 in December 2017, Chanaich Lodge Cottage, Porvost Craig Road, Ballater, Aberdeen, AB35 5NN sold for £602, 500 in January 2017 ***
* Property could achieve £450 - £500 per calendar month based on an HMO let providing an annual income of £48, 600 - £54, 000. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
* Property is currently being run as a bed and breakfast and has the potential to be converted into an HMO premises subject to the necessary consents.
* Property could command gross yields between 10. 2% - 11. 37% gross based off a guide price of £475, 000 and ran as a HMO.
Prime Property Auctions new entry. Rarely Available Investment Opportunity - 9
Bedroom Bed and Breakfast - priced for auction sale
Property could achieve £450 - £500 per calendar month based on an HMO let
providing an annual income of £48, 600 - £54, 000. Sure to appeal to a shrewd
investor. Subject to the relevant research and permissions.
The property comprises of a mid - terraced house with accommodation over three
floors. The property comprises; Entrance hallway, 9 bedrooms with en - suite
bathrooms/ shower rooms, a spacious lounge and kitchen. Sure to appeal to a
shrewd investor.
Property could command £48, 600 - £54, 000 per month based on an HMO let at £450
- £500 per room. Subject to the necessary permissions and consents. Sure to
appeal to a variety of buyers and investors.
The property has loads of potential and could be refurbished to a higher
standard and re - financed to a higher value. The property has the potential to
achieve a value upwards of £575, 000 - £600, 000 subject to spec of renovation.
Excellent opportunity for Shrewd investor. Rental potential of £48, 600 -
£54, 000 per annum ran as a HMO.
Local sales evidence:
*** Greystones, Abergeldie Road, Ballater, Aberdeen, AB35 5RR sold for
£850, 000 in December 2017, Chanaich Lodge Cottage, Porvost Craig Road,
Ballater, Aberdeen, AB35 5NN sold for £602, 500 in January 2017 ***
The property will be entered into our upcoming online auction. You can make an
offer to buy now through our website. Should you have any questions please do
not hesitate to get in contact with the sales team on .
Location
Nestled within the breath - taking landscapes of Aberdeenshire, Scotland, lies
the charming village of Ballater. This picturesque haven is cradled by the
lush expanse of the Cairngorms National Park, offering a serene retreat for
those seeking solace in nature's embrace.
As you approach Ballater, you're greeted by the sight of traditional stone -
built houses adorned with slate roofs, each contributing to the village's
timeless allure. The river Dee flows gently through the heart of the village,
its sparkling waters adding a touch of tranquillity to the surroundings.
The village square stands as the focal point, a delightful space bustling with
local shops, boutiques, and cafes. Quaint storefronts display a variety of
goods, from handmade crafts and Scottish souvenirs to delectable treats and
warm woollen garments. The aroma of freshly baked scones and brewed tea often
wafts from the local tea rooms, inviting visitors to take a leisurely break
and immerse themselves in the local hospitality.

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