This property is no longer on the market
3 bedroom terraced house
Key information
Property description & features
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 04 April 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
HOLIDAY HOME INVESTMENT end of terrace 3-bedroom Modern Luxury Lodge within The Duchally Country House Estate in Gleneagles. Exclusive ownership of a fantastic property with excellent rental potential. A three-year lease providing an income of £14,400 (ex VAT) per annum is currently in place. Lodge residents have full use of on-site pool, gym, spa facilities and the hotel has bar, restaurant and games room. * RICS HOME REPORT VALUE £230,000 * COMPRISES: Reception hallway, three bedrooms, master en-suite, family bathroom and a 2nd en-suite bedroom. Open plan lounge with dining area and a modern kitchen. Lounge leads onto a veranda with seating for 6-8 people for dining and features open aspects over countryside and well-maintained gardens for the development. Lounge leads onto veranda with seating for 6-8 people for dining and features open aspects over open countryside and the well maintained gardens for the development. Currently the property has 3 year lease agreement with Duchally House Leisure Limited rent is £14,400 p.a, exc vat, there is a 3 year reservation agreement at £1,400ex vat per annum, this allows the owner 2 weeks stay in the lodge per annum, there is a £1,000 ex vat per annum sinking fund payment and £3,200 ex Common area fees ( covers property and contents insurance and lodge and grounds maintenance, turn around service). There are also rates to pay to Perth and Kinross (although currently benefit from 100% small business relief). Wyndham Duchally Country Estate is set in beautiful Perthshire near to Gleneagles Golf and Country Club. lt is an ideal base for a holiday in Scotland. Conveniently located for easy access to Edinburgh and Glasgow by road or rail. The Highlands are also within easy reach. Renowned for its stunning scenery, dramatic landscapes and rolling green hills, Perthshire is the ideal destination for those seeking to escape the hustle and bustle of city life. Built in 1838, Wyndham Duchally country Estate is considered one of the best resorts in Scotland. The onsite award-winning hote! enveloped by 27 acres of prime Perthshire parklands boasts wellappointed elegant rooms and self-contained, contemporary lodges. Wyndham Duchally Country Estate comes with a fully-equipped fitness suite. ln addition to the gym owners and guests of the resort can indulge in the heated indoor swimming pool (there is a separate pool for younger children), the jacuzzi, steam room and sauna. A full bar/lounge and restaurant are also available to lodge owners/guests. This luxury resort of 55 lodges and hotel sits on 27 acres of secluded parkland. There is a limit of 30 consecutive days you can live in the property and it is classed as a holiday home. lt is a fantastic location for golfing at Gleneagles, sight-seeing, trekking and other outdoor pursuits. HOLIDAY HOME INVESTMENT: Currently the property has a 3-year lease with Duchally House Leisure Ltd. Rent is f14,000 per annum (ex VAT). There is also a three-year Reservation Agreement in place at f 1,400 per annum (ex VAT) which allows the owner a two week stay per annum at the property. There is f 1,000 (ex VAT) Sinking fund charge per annum and f3,200 (ex VAT) per annum for Common Area Fees (Property and contents insurance and lodge and grounds maintenance, turn around service). Rates are payable but the lodge currently benefits from 1007o small business relief.
Auction Details
04 April 2024, 10am-3pm
Timed Online Auction
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