8 9 & 12, Fishers Way, Aberfeldy, Perthshire, PH15
By Irving Geddes W.S.
£ 450,000
Reviews
2 out of 5 stars
Irving Geddes W.S. says ..
3 x 2 Bedroom self-contained flats, an ideal investment opportunity. Offers in the region of £450,000 representing a substantial discount on gross combined value. A planning condition exists wherein the properties require to be let at 100% of mid-market rent for a period of 7.5years.
Property Oracle says ..
This listing presents a block of three, two-bedroom apartments in Aberfeldy, Perthshire. The property is described as a potential investment opportunity. The photographs show modern, well-maintained interiors, suggesting a high standard of finish and recent construction or refurbishment. The location in Aberfeldy offers access to a range of outdoor activities and a relatively tranquil setting. However, there is a planning condition requiring the apartments to be let at 100% of mid-market rent for a period of 7.5 years. This represents a significant restriction for any buyer intending to occupy the property themselves. While the individual apartment size is unknown, the overall price of £450,000 must be viewed relative to the potential rental income and the constraints imposed by the planning condition. The lack of information regarding exact square footage per unit, transport links and schools in the immediate vicinity impacts a complete assessment. Potential buyers should thoroughly investigate the rental market to assess the viability of the investment opportunity and the implications of the planning condition before committing to a purchase. Additionally, independent valuation should be sought to confirm that the asking price aligns with market value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft (est)
- 624.31
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 331,333.00 £Decreased by 2.19 %
- Est sale value
- 145,464.23 £Decreased by 6.80 %
- Average area rental value
- 1,088.00 £/moDecreased by 3.97 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.94 %Decreased by 1.75 %
- Crime Rate
- 0.00 %
Agent Activity
Irving Geddes W.S. created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Breadalbane Terrace | £ 95,000 | 0 | 0.00 KM |
| Appin Place | £ 170,000 | 0 | 0.00 KM |
| Tayside Crescent | £ 0 | 0 | 0.00 KM |
| Rannoch Road | £ 0 | 0 | 0.00 KM |
| Farragon Drive | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portfolio Of 3 Flats, 18,20 & 26, Fishers Way, Home Street, Aberfeldy, PH15 2FR | £ 420,000 | BUY | 7 / 10 | 0.01 KM |
| Plots B + E, Home Street, Aberfeldy, PH15 2FR | £ 120,000 | BUY | 4 / 10 | 0.01 KM |
| Fishers Way, Aberfeldy, Perthshire, PH15 | £ 340,000 | BUY | 7 / 10 | 0.06 KM |
| 2 Mackenzie Court, Dunkeld Street, Aberfeldy H15 2AF | £ 95,000 | BUY | 6 / 10 | 0.20 KM |
| Dunkeld Street, Aberfeldy, PH15 | £ 95,000 | BUY | 7 / 10 | 0.20 KM |