£60,000 Guide Price

10 Elm Brae, Arbroath, DD11 4ER

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Tenanted High Yielding Residential Property

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Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: A
Legal Pack
Home Report
Tenanted High Yielding Residential Property

Details

Property Summary


  •  Prime Property Auctions is excited to present an exceptional 1 Bedroom Flat within a prime location in Arbroath - Guide Price £50,000



  •  ***6, Lochlands Gardens, Arbroath, Angus DD11 3DL Previously sold for £80,000, 24, Beech Grove, Arbroath, Angus DD11 2EU Previously sold for £75,000,18 Sep 2023*** 



  •  The property is currently tenanted at £425 per month ( £5,100 p/a ) which provides an excellent yield of 10.2% if achieved for a guide price of £50,000



  •  Sure to appeal to shrewd buy to let investors looking for a high yielding investment opportunity.



  •  Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential - ***HOME REPORT £70,000*** 


 

The property is currently tenanted at £425 per month ( £5,100 p/a ) which provides an excellent yield of 10.2% if achieved for a guide price of £50,000

 

Sure to appeal to shrewd buy to let investors looking for a turn-key investment opportunity.

 

 ***6, Lochlands Gardens, Arbroath, Angus DD11 3DL Previously sold for £80,000, 24, Beech Grove, Arbroath, Angus DD11 2EU Previously sold for £75,000,18 Sep 2023*** 

 

Excellent turn-key investment Opportunity. Sure to appeal to investors looking for an already let flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand. ***HOME REPORT £63,000***

 

Property has a Guide price of £50,000 and is sure to appeal to investors looking for a high yielding investment - **CASH FLOW FROM DAY ONE**

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

The attractive old harbour of Arbroath remains in action and long sandy beaches and stunning sandstone cliffs stretch out on either side of the town. Arbroath abbey, located near the centre of the town, is also well worth a visit.

It’s a few minutes’ drive to the town centre and to local amenities. Arbroath is a popular, picturesque coastal town steeped in history and with an excellent range of local services for its residents with local shops, restaurants, good schools, health & sports centres, swimming pools, museum, library, the beautiful beach and cliffs and superb fresh fish caught daily! 

Location

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

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Floorplans

Property Features

  • Prime Property Auctions is excited to present an exceptional 1 Bedroom Flat within a prime location in Arbroath - Guide Price £50,000
  • ***6, Lochlands Gardens, Arbroath, Angus DD11 3DL Previously sold for £80,000, 24, Beech Grove, Arbroath, Angus DD11 2EU Previously sold for £75,000,18 Sep 2023***
  • The property is currently tenanted at £425 per month ( £5,100 p/a ) which provides an excellent yield of 10.2% if achieved for a guide price of £50,000
  • Sure to appeal to shrewd buy to let investors looking for a high yielding investment opportunity.
  • Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential - ***HOME REPORT £70,000***

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