2 Bedroom  Flat LOT 23

1 Rhys Court, Perth, PH2 7WF
BIDDING OPENS in...

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 2
  • Council Tax: Search

*EXCELLENT INVESTMENT OPPORTUNITY Traditional Town Centre Flat with Two Bedrooms & Fantastic Rental Potential in Extremely Popular Perth.***RICCS HOME REPORT VALUE OF £70,000*** Potential HIGH YIELD*

High demand for rental property in this location & realistic rental of £650-750pm giving an annual income of up to £9000. This would provide a SUPERB YIELD OF up to 23% if achieved for the guide price

PROPERTY CONSISTS OF: - hallway, kitchen/lounge, two double bedrooms, family bathroom. Further benefits from Double Glazing and Electric central heating. EPC - E

LOCAL SALES EVIDENCE:- 22, Commercial Street £175,000 Mar 2025; Flat 1, 22, George Street £125,000 Aug 2025; Flat 2/2, 36, High Street £112,000 Dec 2024 *Traditional Town Centre 2 Bed flat in Perth.*

Perth is a very popular city within Central Scotland, with a healthy travel and tourism industry. The town provides the perfect base to explore, being within an hour of both Glasgow and Edinburgh.

*EXCELLENT INVESTMENT OPPORTUNITY Traditional Town Centre Flat with Two Bedrooms & Fantastic Rental Potential in Extremely Popular Perth.***RICCS HOME REPORT VALUE OF £70,000*** Potential HIGH YIELD* High demand for rental property in this location & realistic rental of £650-750pm giving an annual income of up to £9000. This would provide a SUPERB YIELD OF up to 23% if achieved for the guide price Alternatively the property is well located to take advantage of the popularity of Perth City Centre tourism and could be let for short term holiday accomodation for approx. £80 per night for approx. 200 nights per year giving an excellent income of £15,000 per annum EPC – E PROPERTY CONSISTS OF:- hallway, kitchen/lounge, two double bedrooms, family bathroom. Further benefits from Double Glazing and Electric central heating. EPC - E LOCAL SALES EVIDENCE: - 22, Commercial Street £175,000 Mar 2025; Flat 1, 22, George Street £125,000 Aug 2025; Flat 2/2, 36, High Street £112,000 Dec 2024 Traditional Town Centre Flat with Two Bedrooms and Fantastic Rental Potential in Extremely Popular Perth. Located at ground level of this town centre block the flat enters into a very generous hallway with a sizeable alcove perfect for storage. The open plan kitchen/ lounge has a feature fireplace, well-appointed kitchen and rear access with views of Smeaton's Bridge. There are two bedrooms with additional storage and a good-sized bathroom with an electric shower over the bath. The flat benefits further from secondary glazing and electric boiler supplying radiators throughout. For further information please contact Future Property Auctions Edinburgh Sales Office on 0131 225 2299.

Perth is a very popular city within Central Scotland, with a healthy travel and tourism industry. The town provides the perfect base to explore, being within an hour of both Glasgow and Edinburgh. the property enjoys stunning views overlooking the South Inch parkland, providing a peaceful outlook and a connection to nature right on your doorstep. The location offers convenient access to a full range of local amenities, including shops, restaurants, schools, and public transport links, ensuring everything you need is within easy reach. This combination of spacious accommodation and prime location makes the flat an exceptional opportunity for investors looking for a buy to let opportunity or professionals seeking a comfortable and well-connected home. The bustling city of Perth enjoys a wide range of amenities including many independent shops and restaurants, theatres, cinema, swimming pool & leisure centre, ice rink, plus many social/recreational amenities.

Full Address: 1 Rhys Court, Perth, PH2 7WF

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Pricing Information & Bidding

Opening Bid: £40,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 11 December 2025, 10am-3pm
Type: Timed Online Auction

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