Agent details
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Full Details for 24 Bedroom Commercial Property for sale in Halkirk, KW12 :
Key features:
Full description:
CCL Property are delighted to present an attractive residential investment opportunity situated in the tranquil village of Halkirk, Caithness. Originally a poorhouse dating from 1856, Fairview House is a substantial residential complex comprising of 17 individual flats. There are one, two and three bedroom flats arranged over two floors. Fairview House provides rentals to a variety of clientele with different requirements.
Rental yield is above the national average at 7.5 %.
With full factoring in place the property can easily be owned and managed from a distance.
- Multi-tenant residential investment.
- Achievable rent of c. £60,000 p.a.
- Yield 7.5%
- Short Scottish Secure Tenancy (SSST) agreements throughout.
- Capacity to increase rental income and alter lease agreements.
- Rent review due
- Occupancy rates typically 90%
- Fully factored
- Easily managed
- Offers Over £850,000
Full description:
CCL Property are delighted to present an attractive residential investment opportunity situated in the tranquil village of Halkirk, Caithness. Originally a poorhouse dating from 1856, Fairview House is a substantial residential complex comprising of 17 individual flats. There are one, two and three bedroom flats arranged over two floors. Fairview House provides rentals to a variety of clientele with different requirements.
Rental yield is above the national average at 7.5 %.
With full factoring in place the property can easily be owned and managed from a distance.
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House Prices for houses sold in KW12 6XF
Stations Nearby
- Thurso
- 4.8 miles
- Georgemas Junction
- 1.8 miles
- Scotscalder
- 3.4 miles
Schools Nearby
- North Walls Community School
- 22.9 miles
- Farr High School
- 26.2 miles
- Stronsay Junior High School
- 52.1 miles
- Mount Pleasant Primary School
- 5.0 miles
- Miller Academy Primary School
- 4.8 miles
- Halkirk Primary School
- 0.5 miles
- Wick High School
- 15.6 miles
- Thurso High School
- 4.6 miles
- Stromness Academy
- 31.8 miles