2-bedroom flat · DD8 2DX
For saleReduced £20k (−17.4%) on 16 OctListed 232 days
Opportunity summary
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About
Set within the well-regarded Strathmore Court development in Forfar, this bright second-floor retirement apartment offers comfortable, easy-to-manage living with the reassurance of a lift-served building, shared facilities and neatly maintained communal areas.
Located in Kirkton Park, it’s a convenient spot for day-to-day amenities while still enjoying a pleasantly settled setting. Inside, the accommodation is straightforward and well planned.
The spacious lounge is the heart of the home, easily accommodating both living and dining.
A glazed door opens to a Juliet-style balcony, drawing in natural light and adding a lovely sense of openness.
Just off the lounge, the fitted kitchen is arranged for practicality with good storage and worktop space.
There are two comfortable double bedrooms, including a notably generous principal room, offering flexibility for guests or hobbies.
A modern, wet-room style shower room completes the internal layout, and the hall provides useful built-in storage.
Strathmore Court is designed with ease of living in mind, with residents also enjoying access to communal facilities including the laundry, along with lift service and well-kept garden grounds.
A residents’ car park is available.
The service charge is approximately £1,400–£1,600 per year, covering maintenance, cleaning, access to the laundry, upkeep of the garden grounds, and the lift service.
The development has an age restriction of 60 minimum, or 55 for a spouse/partner where applicable.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 41 Strathmore Court Kirkton Place, Forfar
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