* Freehold
* Prime property auctions new entry. Rarely Available Investment Opportunity - 8 Bedroom Former Hotel Premises - vacant possession can be granted.
* *** The Cottage, Balbeggie, Perth, PH2 6EU sold for £350, 000 in April 2022, Woodside Cottage, Green Road, Balbeggie, Perth, Perthshire PH2 6EY sold for £380, 000 in July 2022 ***
* Property could command between £425pcm - £550pcm per room based on a HMO let providing an annual income of £40, 800 - £52, 800. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
* Property has 2 tenants situated out of a possible 8, producing a monthly income of £1800. Based off of current evidence the property could achieve £7200 per month if let out to its maximum capacity. Vacant possession can be granted.
* Property could command gross yields between 23. 3% - 30. 2% based off a guide price of £175, 000 and ran as a HMO.
* Prime Property Auctions new entry. Rarely Available Investment Opportunity - 8 Bedroom Former Hotel Premises - vacant possession can be granted.
* *** The Cottage, Balbeggie, Perth, PH2 6EU sold for £350, 000 in April 2022, Woodside Cottage, Green Road, Balbeggie, Perth, Perthshire PH2 6EY sold for £380, 000 in July 2022 ***
* Property could command between £425pcm - £550pcm per room based on a HMO let providing an annual income of £40, 800 - £52, 800. Sure to appeal to a shrewd investor. Subject to the relevant research and permissions.
* Property has 2 tenants situated out of a possible 8, producing a monthly income of £1800. Based off of current evidence the property could achieve £7200 per month if let out to its maximum capacity. Vacant possession can be granted.
* Property could command gross yields between 23. 3% - 30. 2% based off a guide price of £175, 000 and ran as a HMO.
Prime Property Auctions new entry. Rarely Available Investment Opportunity - 8
Bedroom Former Hotel Premises - priced for auction sale.
Property could command an annual income of £40, 800 - £52, 800 based on an HMO
let providing a massive gross yield of 23. 3% - 30. 2% per annum based off a
guide price of £175, 000.
Vacant possession can be granted.
Property could command £3, 400 - £4, 400 per month based on an HMO let at £425 -
£550 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 £330, 000 subject to spec of renovation.
Property has 2 tenants situated out of a possible 8, producing a monthly
income of £1800. Based off of current evidence the property could achieve
£7200 per month. Sure to appeal to a shrewd investor.
Excellent opportunity for Shrewd investor. Rental potential of £40, 800 -
£52, 800 per annum ran as a HMO.
Property has had 5 of its 8 bedrooms converted to a three en - suite bed
apartment on the ground floor.
The main access to this is shared with the remaining three rooms accommodation
which is attached to the pub. This does have a separate lockable door to keep
separate the apartment and allow the required privacy from the pub side.
There is also a large kitchen which was the main kitchen for the hotel which
has room for a large table and has been upgraded from the commercial kitchen
that was.
There is a lounge area that can be part of the pub or part of the owner's
accommodation as well as of course the pub itself which comprises of two main
areas (plus the lounge if required). There is also various storage areas as
well as a ladies and gents' toilet.
Upstairs there is a three - bed apartment with open plan living/dining/kitchen
and large shower room. This is accessed by the original front door of the
hotel and is separate from all other entry points.
Local sales evidence:
*** The Cottage, Balbeggie, Perth, PH2 6EU sold for £350, 000 in April 2022,
Woodside Cottage, Green Road, Balbeggie, Perth, Perthshire PH2 6EY sold for
£380, 000 in July 2022 ***
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
Perth is a historic city located in central Scotland, along the banks of the
River Tay. It holds the distinction of being Scotland's ancient capital and is
often referred to as the "Gateway to the Highlands. " Here's a description of
Perth:
Perth is situated about 42 miles (68 kilometres) north of Edinburgh and around
22 miles (35 kilometres) west of Dundee. It is strategically positioned in the
heart of Scotland, making it a convenient hub for travellers exploring the
country.
The city's prominent feature is the River Tay, Scotland's longest river, which
flows through the city and adds to the scenic beauty of the area. The river
provides opportunities for various water activities and picturesque walks
along its banks.
Perth boasts a rich history dating back to ancient times. It was a significant
royal burgh and played a vital role in Scottish history, especially during the
medieval period. The city's historic architecture, including its medieval and
Georgian buildings, is a testament to its past prominence.

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