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

This is a unique opportunity to acquire a portfolio consisting of three bungalows that are currently generating rental income, along with an additional development plot located in the charming village of Lhanbryde, near Elgin. The three tenanted bungalows bring in an annual rental income of £13,200 and have established tenants managed by a reputable agency, ensuring a steady cash flow. Each bungalow features electric heating and double glazing, adding to their appeal as investment properties. Additionally, included in the sale is a former commercial site that presents significant redevelopment potential—subject to obtaining necessary planning consents. This could allow for the construction of new residential units or flats, which is encouraged by local authorities. The area boasts good access to Elgin and the wider Moray region, enhancing its attractiveness for prospective tenants and buyers alike. Offered at auction, this property portfolio represents a solid investment for developers and landlords looking to expand their holdings.