Portfolio Of Three Tenanted Properties, Park Road, Elgin, Moray, IV30 8PJ

This is a unique opportunity to acquire a portfolio consisting of three income-generating bungalows along with an additional development site in Elgin. The investment package includes three tenanted bungalows, currently producing an annual rental income of £13,200. Furthermore, the additional plot presents promising redevelopment options subject to the necessary planning permissions. Each bungalow has established long-term tenants and benefits from professional management, ensuring steady cash flow for potential investors. The properties have been recently updated with new wiring and are fitted with electric heating and double glazing, which offers both comfort and efficiency. The former commercial site included in the sale is designated as garden ground but has strong potential for redevelopment into further residential units or flats, making this an attractive proposition for developers looking to capitalize on Elgin’s growing market. This auction lot will be sold under Braveheart Auctions’ terms and conditions, providing a transparent process for buyers.