Tay Street, Perth, PH2
By We Sell Rented Property
£ 74,999
Reviews
2 out of 5 stars
We Sell Rented Property says ..
Fantastic investment opportunity! Tenanted 1-bed property in Perth with solid rental income of £6,000. Potential rent £6,480. Consistent tenants with no payment issues.
Property Oracle says ..
This one-bedroom flat situated in Perth City Centre presents a mixed bag of opportunities and challenges. Its central location is undeniably attractive, offering easy access to the city’s amenities and the nearby Perth ScotRail station. The consistent rental income reported by the listing agent suggests potential for investors.
However, the property’s condition appears to require some updating. The provided photographs reveal a functional but somewhat dated interior that might require renovations to enhance its appeal. The complete lack of outdoor space is a significant drawback.
Furthermore, the absence of details regarding the specific features of the property and a lack of comprehensive local pricing data (per square foot) makes a definitive assessment of its value somewhat challenging. A potential buyer should carefully weigh the advantages of location and rental income against the necessary investment in renovations and the absence of land.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 141,654.00 £Decreased by 14.33 %
- Est sale value
- 134,400.00 £Increased by 37.42 %
- Average area rental value
- 838.00 £/moIncreased by 10.55 %
- Est letting value
- 600.00 £/mo
- Est rental Yield
- 7.10 %Increased by 29.09 %
- Crime Rate
- 0.00 %
Agent Activity
We Sell Rented Property created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Water Vennel | £ 151,475 | 0 | 0.00 KM |
| Baxter's Vennel | £ 180,000 | 0 | 0.00 KM |
| Cow Vennel | £ 0 | 0 | 0.00 KM |
| South St John's Place | £ 0 | 0 | 0.00 KM |
| Kirkgate | £ 64,975 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Perth | 8805 | PTH | 1.48 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Tay Street, Perth, PH2 | £ 74,999 | BUY | 5 / 10 | 0.00 KM |
| Tay Street,Perth,PH2 8NP | £ 139,000 | BUY | 6 / 10 | 0.03 KM |
| 84M Tay Street, Perth, PH2 8NP | £ 185,000 | BUY | 5 / 10 | 0.04 KM |
| 72A Tay Street, Perth, PH2 8NN | £ 205,000 | BUY | 6 / 10 | 0.07 KM |
| 62 Tay Street, Perth | £ 229,950 | BUY | 6 / 10 | 0.09 KM |