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Main Street, Balbeggie, Perth, PH2 6EU

Description

Low cost investment opportunity offering the combination of beautiful rural Perthshire with the magnificent amenities offered by the City of Perth.

Former 9 bedroom hotel with PLANNING PERMISSION GRANTED for change of use/ conversion to residential property. With plans approved and opportunity to alter the plans.

Currently operating as HMO with the property split into 3 individual properties and generating an income of £1,800 per month ( giving annual income of £21,600 per year) with potential income of up to £35,000 per year with full occupancy using current configuration.

Layout comprises 9 bedrooms (6 En-Suite), 3 Kitchens and full former public bar/ restaurant area. The flexible layout offers potential for many different opportunities to maximise potential income or to create an exceptional family home.

This property is priced for an immediate auction sale and is offered considerably below true market value.

Rural Perthshire acts as a magnet for tourism and day-trippers and enjoys a constant demand for accommodation as it offers many of the attractions of the Highlands whilst enjoying a position within easy reach of Edinburgh, Glasgow and Stirling.

The affluent village of Balbeggie is located under 6 miles from Perth City Centre and is approximately 2 miles from Perth Airport. The property offers easy access to a number of popular local attractions including Scone Palace, Loch Tay and a number of fantastic golf courses including Gleneagles.

The historic city of Perth is home to one of Scotland's most highly regarded universities and a number of major employers and enjoys a constant demand for properties with house prices increasing at a higher rate than the UK average.

This property will be sold under auction terms and conditions by Braveheart Auctions.

The owner has indicated that they are willing to consider pre-auction offers on this property.

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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Main Street, Balbeggie, Perth, PH2 6EU

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About Braveheart Auctions Limited, Edinburgh

5 South Charlotte Street, Edinburgh, Scotland, EH2 4AN

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Disclaimer - Property reference 137FH. 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 Braveheart Auctions Limited, Edinburgh. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Braveheart Auctions Limited, Edinburgh on 0131 381 5170.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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