1 Bedroom  Flat LOT 15

59 Dundee Loan, Forfar, DD8 1EA
BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

IDEAL FOR INVESTOR LANDLORD one bedroom upper flat located in the heart of Forfar offering a near walk in condition ready for immediate rental - Potential income £6,600 per Annum.

Internal accommodation comprises - hall, lounge with kitchen off, double bedroom and shower room with w/c. Potential rental income £550 per calendar month (£6600 per Annum) - RENTAL YIELD AT 20%

Property is further enhanced by electric heating, upvc double glazing and main door access (to rear). Well maintained communal areas and drying green to rear. CLOSE TO TOWN CENTRE

Close to the vibrant town centre - HIGH TENANT DEMAND. Many amenities within a short distance. Forfar itself has a population in excess of 14,000 people and is an attractive rural town.

**COMPARABLE SALES**1 bedroom ground floor, Dundee Loan sold 2023 £39,500**2 Bed Dundee Loan sold 2021 £108,000**1 Bed West high street sold 2021 £68,000**

IDEAL FOR INVESTOR LANDLORD one bedroom upper flat located in the heart of Forfar offering a near walk in condition ready for immediate rental - Potential income £6,600 per Annum. Internal accommodation comprises - hall, lounge with kitchen off, double bedroom and shower room with w/c. Potential rental income £550 per calendar month (£6600 per Annum) - RENTAL YIELD AT 20% Room Measurements - Lounge 2.7mx 4.2m; Kitchen 2.23m x 2.00m; Bedroom 2.59m x 2.75m; shower room 1.6m x 2.7m. Property is further enhanced by electric heating, upvc double glazing and main door access (to rear). Well maintained communal areas and drying green to rear. Close to the vibrant town centre - HIGH TENANT DEMAND. Many amenities within a short distance. Forfar itself has a population in excess of 14,000 people and is an attractive rural town.

Forfar is known as the home of the bridie and along with a cluster of nearby Strathmore villages, plays a central role in Angus life. The traditional market town is the administrative hub of the region, enjoying all the facilities you would expect of a community with around 14,000 residents. In addition to shops - bakers included, naturally - Forfar enjoys a leisure centre, swimming pool, golf course, an Academy and primary schooling and a professional football team playing at Station Park. Forfar is a vibrant town with all amenities you need close to hand, with leading supermarkets, restaurants, bars, primary schools, recently built secondary school with adjoining sports centre, golf club, walks round Forfar Loch and Rescobie Loch, medical centres and a hospital. Forfar have a monthly farmers market throughout the year. Other places of interest in Forfar are the Meffan Gallery and Museum, Merton Farm nature reserve and just 15 minutes by car to Glamis Castle. The town, once a major textile centre, was bypassed by the A90 dual carriageway linking Aberdeen and Dundee back in the late 80s.

Full Address: 59 Dundee Loan, Forfar, DD8 1EA

Show More

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £33,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. 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.

Submit Offer Now

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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 20 March 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue