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Guide Price
£186,000


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23 May 2024, 3pm

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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

BUY TO LET OPPORTUNITY detached Bungalow in Carmyllie, Arbroath. Property provides an immediate income of £8899 annually. *** EXCELLENT TENANTED INVESTMENT *** settled tenant.

HOME REPORT £210,000 REDUCED FOR AUCTION. Porch, Lounge, kitchen diner, 3 bedrooms, family bathroom, w.c. room and utility room Further benefit's from Double Glazing, large garden & driveway.

***LOCAL SALES EVIDENCE*** :- Greystone House, Carmyllie, sold for £715,000 Sep 2022; Viewfar, Carmyllie, sold for £310,000 Oct 2021; Gillian Cottage, Greystone, Carmyllie, sold for £300,000 Dec 2020.

Stunning rural surroundings Property benefits from Electric Central Heating, Double Glazed Windows, Off street parking Parking and large surround garden with shed. Superb views over open countryside.

This lovely property is located close to Greystone, Carmyllie, and offers a lovely tranquil living environment, although Dundee, Broughty Ferry, Monifieth and all of the Angus towns easily accessed.

BUY TO LET OPPORTUNITY detached Bungalow in Carmyllie, Arbroath. Property provides an immediate income of £8899 annually. *** EXCELLENT TENANTED INVESTMENT *** settled tenant. A DETACHED BUNGALOW WITH SUPERB VIEWS OVER THE OPEN COUNTRYSID HOME REPORT £210,000 REDUCED FOR AUCTION. Property consists:- porch, lounge, kitchen diner, 3 bedrooms, family bathroom, w.c. room and utility room Further benefit's from Double Glazing, large garden with hut & driveway for 2-3 cars. ***LOCAL SALES EVIDENCE*** :- Greystone House, Carmyllie, sold for £715,000 Sep 2022; Viewfar, Carmyllie, sold for £310,000 Oct 2021; Gillian Cottage, Greystone, Carmyllie, sold for £300,000 Dec 2020. Stunning rural surroundings Property benefits from Electric Central Heating, Double Glazed Windows, Off street parking Parking and large surround garden with shed. Superb views over open countryside. The property is in very good condition throughout. There is double glazing and modern, efficient electric heating. Externally there are generous gardens around the property which are mostly laid to lawn EPC band: D

The property is situated near Greystone in the parish of Carmyllie in Angus. It is situated between Arbroath, on the coast, and the inland county town of Forfar. Carmyllie school is located in the settlement of Redford. Only a short distance to the town of Arbroath which offers a range of shops, schools, services, and recreational facilities. Arbroath is a popular, picturesque coastal town steeped in history and with an excellent range of local services for its residents with local shops, schools, health & sports centres, swimming pools, museum, library and the beautiful beach and cliffs. Arbroath is located between the cities of Dundee and Aberdeen on the East coast and serviced by the main East Coast railway line being an ideal commuter’s base to locate. Arbroath railway and bus stations are a short walk and there is a good bus link service in the town and to the cities as well as easy road travel access to the surrounding Angus and Aberdeenshire towns. Aberdeen is approximately 1-hour drive and Dundee is approximately 30-minutes.

Full Address: 3 Westcroft Cottages, Tenanted Investment, Carmyllie, Arbroath, DD11 2RJ

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Rolling
Rent: £8,899 per year / £742 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: Settled tenant (7 years) paying below market rate.

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Pricing Information & Bidding

Guide Price: £186,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 23 May 2024, 3pm
Type: Deadline for Offers

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