51B South Street, Forfar, DD8 2BW

Description

• PRIME NEW LISTING. We are excited to present this tenanted 2 bedroom flat - turnkey investment opportunity located within a prime location in Forfar. HOME REPORT of £95,000

• **15, Newmonthill, Forfar DD8 2BH sold for £104,000 in June 2024, 45, Lordburn Place, Forfar DD8 2DE sold for £101,500 in April 2022**

• Currently occupied, this property generates a rental income of £650 per calendar month (£7,800 per annum). It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield and incredible high-yield potential.

• This property promises to captivate shrewd buy-to-let investors seeking a turnkey, high-yielding opportunity with significant potential for capital growth in a vibrant area.

• Conveniently situated close to local amenities, you'll find everything you need right at your doorstep, enhancing the everyday living experience and making it an ideal choice for future residents.

PRIME NEW LISTING. We are excited to present this tenanted 2 bedroom flat - turnkey investment opportunity located within prime location in Forfar. HOME REPORT of £95,000

The property comprises a welcoming hallway entry, a cosy living room, a well-equipped kitchen, two spacious bedrooms, a modern toilet, and ample storage throughout.

Currently occupied, this property generates a rental income of £650 per calendar month (£7,800 per annum). It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield and incredible high-yield potential.

This property promises to captivate shrewd buy-to-let investors as a turnkey, high-yielding opportunity with significant potential for capital growth in a vibrant area.

Conveniently situated close to local amenities, you'll find everything you need right at your doorstep, enhancing the everyday living experience and making it an ideal choice for future residents.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**15, Newmonthill, Forfar DD8 2BH sold for £104,000 in June 2024, 45, Lordburn Place, Forfar DD8 2DE sold for £101,500 in April 2022**

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

Forfar, a charming market town in Angus, Scotland, offers a rich history and vibrant community spirit. With its beautiful landscapes, local amenities, and easy access to major routes, Forfar presents an ideal setting for both residents and investors seeking growth and a quality lifestyle.

Map

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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.