2 bedroom semi-detached house

• Prime Property Auctions is excited to present this residential Development Opportunity, 2 bedroom spacious semi detached house, located within a prime location in Nairn *Guide Price of £150,000*
• *Beachside, Links Place, Nairn, IV12 4NH,  previously sold for £285,000 in 2018, Skeena, Links Place, Nairn, Nairnshire IV12 4NH previously sold for £285,000
• Once fully renovated, the property could command a rental income of £1200 - £1300 PCM / £14,400 - £15,600 PA, which would provide an exceptional gross yield of 9.6%- 10.4% based on guide price of £150,000.
• Property requires full renovation. Sure to appeal to shrewd builders/investors/developers looking for a rare project with remarkable capital growth potential.
• Property is located near a whole host of local amenities including restaurants and coffee shops, and a short walk from Nairn Beach

 

Prime Property Auctions is excited to present this residential Development Opportunity, 2 bedroom spacious semi detached house, located within a prime location in Nairn *Guide Price of £150,000*

Property comprises : Porch Entrance, 2  large Bedroom,  Box room, Bathroom, Kitchen, 2 Living Rooms, a sun room and ample storage space. Needs Full Renovation.

* Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property*

Sales Evidence :

* Beachside, Links Place, Nairn, IV12 4NH previously sold for
£285,000 in 2018, Skeena, Links Place, Nairn, Nairnshire IV12 4NH previously sold for £285,000 in 2024 *

* Home Report :         *

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

Property is located near a whole host of local amenities including restaurants and coffee shops, and a short walk from Nairn Beach

Once fully renovated, the property could command a rental income of £1200 - £1300 PCM / £14,400 - £15,600 PA, which would provide an exceptional gross yield of 9.6%- 10.4% based on guide price of £150,000

Potentially excellent opportunity for serviced accommodation, with rates for similar properties in the area achieving £120 per night (subject to gaining necessary planning consents)

At 70% occupancy per year, unit could achieve £30,660 P/A which would generated an incredible 20.44 % gross yield if secured at the guide of £150,000.

This lot is open to immediate offers and offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Nairn is a picturesque coastal town renowned for its stunning beaches, rich history, and vibrant community. Situated a short walk from the beautiful sandy beaches, offering perfect spots for relaxation, coastal walks and water sports. Nairn's seafront also features a scenic promenade and a bustling harbour.  Nairn is steeped in history, with its origins dating back to medieval times. The town centre is home to a range of historical buildings and landmarks, including the Nairn Museum, which provides insights into the area's rich cultural heritage. The property boasts stunning views over the Nairn Links and surrounding countryside, also situated a stone throw from two premium golf courses.