54 Sidney Street, Arbroath, DD11 1LG
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£40,000
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54 Sidney Street, Arbroath, DD11 1LG
1
bed
1
bath
1
reception
Council tax: A
Rare Residential Opportunity
Available documents
Floorplan
View FloorplanHow to buy at auction
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Deadline for offers
Description
PRIME NEW LISTING. We are excited to present this vacant one-bedroom ground-floor flat located within a prime location in Arbroath. Home Report £50,000.
**3, Bakers Wynd, Arbroath DD11 1ET sold for £112,000 in 2020. 17, Culloden Crescent, Arbroath DD11 1JX sold for £82,000 in 2021. 22, East Abbey Street, Arbroath DD11 1EN sold for £110,000 in 2021.**
This fantastic one-bedroom flat offers the potential to achieve a rental income of £650-£750 per month, translating to £7,800-£9,000 annually. If purchased at the guide price, this represents a healthy yield of 21%-23%. The property has a Home Report valuation set at £50,000.
Ideal for a shrewd investor, this property is a perfect candidate for the BRRR (Buy, Refurbish, Rent, Refinance) strategy. Positioned in a prime buy-to-let location, it offers a superb opportunity for those seeking an affordable flat with excellent rental and capital growth potential.
This well-maintained flat is in move-in-ready condition and boasts excellent potential for customisation. Located in a desirable neighbourhood with convenient local amenities and transport links, it is an attractive choice for young professionals or students keen to get on the property ladder.
PRIME NEW LISTING. We are excited to present this vacant one-bedroom ground-floor flat located within a prime location in Arbroath. Home Report £50,000.
The property comprises a welcoming hallway, a spacious lounge perfect for relaxation, a comfortable bedroom for restful nights, a well-equipped kitchen ideal for culinary endeavours, and a modern shower room with WC.
This fantastic one-bedroom flat offers the potential to achieve a rental income of £650-£750 per month, translating to £7,800-£9,000 annually. If purchased at the guide price, this represents a healthy yield of 21%-23%. The property has a Home Report valuation set at £50,000.
Ideal for a shrewd investor, this property is a perfect candidate for the BRRR (Buy, Refurbish, Rent, Refinance) strategy. Positioned in a prime buy-to-let location, it offers a superb opportunity for those seeking an affordable flat with excellent rental and capital growth potential.
This well-maintained flat is in move-in-ready condition and boasts excellent potential for customisation. Located in a desirable neighbourhood with convenient local amenities and transport links, it is an attractive choice for young professionals or students keen to get on the property ladder.
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.
**3, Bakers Wynd, Arbroath DD11 1ET sold for £112,000 in 2020. 17, Culloden Crescent, Arbroath DD11 1JX sold for £82,000 in 2021. 22, East Abbey Street, Arbroath DD11 1EN sold for £110,000 in 2021.**
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
Arbroath, a charming coastal town in Angus, Scotland, boasts beautiful sandy beaches and the iconic Arbroath Abbey. With a rich history and vibrant local culture, it offers excellent amenities and transport links, making it an ideal place to live or invest.
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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.