Description
This detached property presents an excellent investment opportunity. Unit 1a is currently rented for £600 per month, while unit 1b features four rooms available on Airbnb at £35 per night, resulting in an impressive annual income of approximately £58,300. The property enjoys a prime location with outstanding city centre connections and nearby local amenities.
1b - The property briefly consists of an entrance hallway with stairs leading down to a shower room/utility area and a snug, as well as stairs leading up to a modern fitted kitchen/diner, an additional shower room, and four fully furnished rooms, all equipped with hardwired broadband, UPVC double glazing, and gas central heating.
1a - The property briefly includes an entrance into a bay-fronted kitchen/lounge, two separate rooms—one with a bath and the other with a WC and basin—and a double bedroom.
Externally, the property features a landscaped front garden with a low-maintenance lawn, flower beds, and an attractive slate-chipped area. Additionally, there are two sheds for extra storage and a carport situated just outside the fenced area.
Given its excellent city centre location, this property has maintained full bookings throughout the year, attracting a mix of long-term Airbnb rentals, returning guests, and workers seeking proximity to the city.
Costs
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.