24 bedroom commercial property for sale

FAIRVIEW HOUSE FLATS, HALKIRK, THURSO, Highland

Offers Over £850,000

Property Description

Key features

  • Multi-tenant residential investment.
  • Achievable rent of c. £60,000 p.a.
  • Yield 7.5%
  • Short Scottish Secure Tenancy (SSST) agreements throughout.
  • Capacity to increase rental income and alter lease agreements.
  • Rent review due
  • Occupancy rates typically 90%
  • Fully factored
  • Easily managed
  • Offers Over £850,000

Full description

Tenure: Freehold

CCL Property are delighted to present an attractive residential investment opportunity situated in the tranquil village of Halkirk, Caithness. Originally a poorhouse dating from 1856, Fairview House is a substantial residential complex comprising of 17 individual flats. There are one, two and three bedroom flats arranged over two floors. Fairview House provides rentals to a variety of clientele with different requirements.

Rental yield is above the national average at 7.5 %.

With full factoring in place the property can easily be owned and managed from a distance.

Property ref: 121_2807_4108180

More information from this agent

Nearest stations

  • Georgemas Junction (1.7 mi)
  • Scotscalder (3.3 mi)
  • Thurso (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CCL Property, Elgin

Park House, South Street, Elgin, IV30 1JB

01343 206024 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Georgemas Junction (1.7 mi)
  • Scotscalder (3.3 mi)
  • Thurso (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CCL Property, Elgin

Park House, South Street, Elgin, IV30 1JB

01343 206024 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4108180. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CCL Property, Elgin. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.