£120,000 Guide Price
Fantastic opportunity to purchase this fully furnished traditionally styled modern mid terraced holiday home with wet dash rendered walls, timber double glazed windows and a pitched slated roof. The entrance hall with oak floor leads to three ground floor bedrooms all of which have built in wardrobes, and two of the bedrooms have en suite bathrooms with a shower. There is also a separate shower room which comprises WC, wash hand basin and a shower.
The first floor has a large open public area which accommodates the kitchen, dining area and sitting room. The kitchen is fitted with base and wall mounted units with contrasting work tops. The integrated appliances include washing machine, electric oven, microwave, fridge, freezer, dishwasher, hob and cooker hood. There is an inset stainless steel sink with a mixer tap, tiled splashbacks and a tiled floor.
The dining area has table and chairs and a double storage cupboard. The sitting room also has an oak floor, and sliding doors give access out to a raised deck with seating for entertaining, and elevated views over the open countryside. The properties were constructed in 2005 and have a restricted use for holiday occupation only. They are managed by Duchally Country House Hotel (CLC Leisure), who currently offer a guaranteed rental income of £18,000 per annum. The current lease to the operators runs until April 2021.
A management charge, currently £2500 per annum, covers the full maintenance charges for the communal grounds, use of the leisure club facilities and buildings insurance. There is also currently a furniture pack upgrade fee of £3000 per annum which will run for a further two years. This property offers the investor a potential yield of almost 9% which will rise to almost 11%, once the furniture package upgrade is paid in full.
Under the current lease, there is an entitlement to two weeks per annum for personal use. There are various communal parking areas close by. The 27 acres of communal gardens and grounds are managed by Duchally Country Estate, the cost of which is included in the quarterly charge.
The property is set in the 27 acres of parkland and gardens of the award winning Duchally Country Estate, in beautiful Perthshire countryside. Within the grounds, which are privately owned and managed by The Duchally Country Estate, are 55 apartments and the Duchally Country House Hotel. Duchally Country House Hotel offers a variety of facilities and leisure pursuits including a heated swimming pool in the leisure centre, which also has a fully equipped gym, a Jacuzzi and a sauna. There is also a spa treatment room and a games room in the hotel. Fishing, golf, skiing and nature trails can all be arranged from the resort. Close by is Gleneagles Hotel, which is recognised as one of the best hotels in Scotland and is known internationally for its golf courses. The Hotel has three golf courses The King's, The Queen's and The PGA Centenary Course. Other championship golf courses within easy reach include The Old Course at St Andrews, Loch Lomond and Carnoustie. There are many other facilities at Gleneagles including a Spa and Country Club, Riding School, Shooting School and a School of Falconry. Auchterarder is just over three miles away and provides a wide range of individual shops and good medical facilities. It lies within easy driving distance of Edinburgh and Glasgow and their airports, both just over 40 miles distant, with fast links via the A9 and motorway network. Perth and Stirling are both within 20 miles. There is a railway station at Gleneagles with a sleeper service direct to London, and a railway station at Dunblane with commuter services to both Edinburgh and Glasgow.
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading, please contact the office where further information will be made available.
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