11 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Six properties (apartments)
- Fully let and compliant
- High Standard Props
- Popular Areas
- 7.38% Yield
Despite the current economic and political uncertainty, the Scottish Private Rented Sector (PRS) continues to perform well, with lack of supply paired with a high demand for renters. The latest report from letting portal Citylets (Q4 2020) shows that year-on-year, average rents across Scotland as a whole have risen by 3.6%. This, coupled with the average time to let falling, makes now the perfect time to invest.
The Second Chance Portfolio has a cumulative value of £500,000 and generates an impressive
gross annual yield of 7.5%, which is significantly higher than the average yield in Scotland’s four major cities: Edinburgh (5.1%), Glasgow (5.8%) and Aberdeen (5.5%). The portfolio of mostly one and two-bedroom apartments, with one three-bedroom property, are all fully compliant with current rental regulations and legislation and there is 100% occupancy across the portfolio.
6 Apartments in Inverkeilor. Converted from the former Chance Inn Inverkeilor five years ago.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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