Leopold Street, Nairn, IV12

21 bedroom Multi-Unit Property in Nairn

For Sale
Offers Over £1,500,000
Current Yield 7.3 %
Potential Yield 7.7 %
Property Reference: 217033356
  • Multi-Unit Property
  • 21 Bedrooms
  • 18 Bathrooms
  • 18 Receptions

Property Features

Property Features

  • Multi-Unit Property
  • A Portfolio of 18 Flats
  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Well-Maintained Properties
  • Spacious Rooms
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A portfolio of 18 flats located in Nairn with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The portfolio features 18 flats, with a total of twenty-one bedrooms, eighteen bathrooms, lounges, and bathrooms. It is in close proximity to valuable amenities.

Investment details
The portfolio currently produces an annual gross income of £109,800 which could be increased by the new owner to a market rate of £115,860 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this portfolio's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 217033356

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £9,150
  • Potential Rent pcm: £9,655
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 217033356
Property Reference: 217033356

Property Location

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Request DetailsLeopold Street, Nairn, IV12

Offers Over £1,500,000

Make an offer
Leopold Street, Nairn, IV12

Listing Price

Offers Over £1,500,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.