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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax:
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LARGE two bedroom TENANTED flat located in the popular coastal town of Arbroath. EXCELLENT INVESTMENT OPPORTUNITY - IMMEDIATE RENTAL INCOME OF £5,400 PER ANNUM.
269 High Street Flat 3-0, Arbroath - Two bedroom attic flat currently tenanted at £450pcm (£5,400 Per Annum). Flat extends to approx. 51.31 sq. m (552 sq. ft).
Local Sales Evidence; 70, High Street, Arbroath, DD11 1NB recently SOLD for £95,000 in June 2022*** 2, Gowan Street, Arbroath, DD11 3AF recently SOLD for £85,000 in May 2022***
Arbroath lies just 15 miles from Dundee. The Flats are close to all central amenities and services including bus station, railway station, harbour and shore areas and the main shopping facilities.
HIGH DEMAND RENTAL LOCATION in super location close to town centre, train station, Beach and Harbour. Perfect investment property to add or increase portfolio.
LARGE two bedroom TENANTED flat located in the popular coastal town of Arbroath. EXCELLENT INVESTMENT OPPORTUNITY - IMMEDIATE RENTAL INCOME OF £5,400 PER ANNUM.
269 High Street Flat 3-0, Arbroath - Two bedroom attic flat currently tenanted at £450pcm (£5,400 Per Annum). Flat extends to approx. 51.31 sq. m (552 sq. ft).
Local Sales Evidence; 70, High Street, Arbroath, DD11 1NB recently SOLD for £95,000 in June 2022*** 2, Gowan Street, Arbroath, DD11 3AF recently SOLD for £85,000 in May 2022***
Arbroath lies just 15 miles from Dundee. The Flats are close to all central amenities and services including bus station, railway station, harbour and shore areas and the main shopping facilities.
HIGH DEMAND RENTAL LOCATION in super location close to town centre, train station, Beach and Harbour. Perfect investment property to add or increase portfolio.
Full Address: 269 High Street Flat 3-0, Arbroath, DD11 1EE
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Tenancy Details
Type of Agreement: Basic Lease
Length:
Rent: £5,400 per year / £450 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:
Document Downloads
Home Report (Available)
Legal Pack (Available)
Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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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: 12 December 2024, 10am-3pm
Type: Timed Online Auction
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