Former Hotel Premises, The MacDonald Arms, Main Street, Balbeggie, PH2 6EU

8 Bedroom Former Hotel Premises.

Property has had 5 of its 8 bedrooms converted to a three en-suite bed apartment on the ground floor. 

The main access to this is shared with the remaining three rooms accommodation which is attached to the pub. This does have a separate lockable door to keep separate the apartment and allow the required privacy from the pub side.  

There is also a large kitchen which was the main kitchen for the hotel which has room for a large table and has been upgraded from the commercial kitchen that was. 

There is a lounge area that can be part of the pub or part of the owner's accommodation as well as of course the pub itself which comprises of two main areas (plus the lounge if required). There is also various storage areas as well as a ladies and gents' toilet. 

Upstairs there is a three-bed apartment with open plan living/dining/kitchen and large shower room. This is accessed by the original front door of the hotel and is separate from all other entry points.

Location

Perth is a historic city located in central Scotland, along the banks of the River Tay. It holds the distinction of being Scotland's ancient capital and is often referred to as the "Gateway to the Highlands." Here's a description of Perth: 

Perth is situated about 42 miles (68 kilometres) north of Edinburgh and around 22 miles (35 kilometres) west of Dundee. It is strategically positioned in the heart of Scotland, making it a convenient hub for travellers exploring the country. 

The city's prominent feature is the River Tay, Scotland's longest river, which flows through the city and adds to the scenic beauty of the area. The river provides opportunities for various water activities and picturesque walks along its banks. 

Perth boasts a rich history dating back to ancient times. It was a significant royal burgh and played a vital role in Scottish history, especially during the medieval period. The city's historic architecture, including its medieval and Georgian buildings, is a testament to its past prominence.

Accommodation

8 bedrooms with 5 of the bedrooms converted to a three en-suite bed apartment on the ground floor.

Terms

Guide Price - £175,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

• PRIME PROPERTY AUCTIONS NEW ENTRY. Rarely Available Investment Opportunity - 8 Bedroom Former Hotel Premises
• Property could command an annual income of £40,800 - £52,800 based on an HMO let providing a MASSIVE gross yield of 23.3% - 30.2% per annum based off a guide price of £175,000.  
• Property could command £3,400 - £4,400 per month based on an HMO let at £425 - £550 per room. Subject to the necessary permissions and consents. Sure to appeal to a variety of buyers and investors.  
• The property has loads of potential and could be refurbished to a higher standard and re-financed to a higher value. The property has the potential to achieve a value upwards of £330,000 subject to spec of renovation. 
• Property has 2 tenants situated out of a possible 8, producing a monthly income of £1800. Based off of current evidence the property could achieve £7200 per month. Sure to appeal to a shrewd investor. 
• EXCELLENT OPPORTUNITY for Shrewd investor. Rental potential of £40,800 - £52,800 per annum ran as a HMO.