2-bedroom flat · DD8 2BW
Listing removedReduced £10k (−13.3%) on 27 JunListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this tenanted 2 bedroom flat - turnkey investment opportunity located within a prime location in Forfar.
Home report of £95,000 **15, Newmonthill, Forfar DD8 2BH sold for £104,000 in June 2024,45, Lordburn Place, Forfar DD8 2DE sold for £101,500 in April 2022** Currently occupied, this property generates a rental income of £650 per calendar month (£7,800 per annum).
It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield and incredible high-yield potential.
This property promises to captivate shrewd buy-to-let investors seeking a turnkey, high-yielding opportunity with significant potential for capital growth in a vibrant area.
Conveniently situated close to local amenities, you'll find everything you need right at your doorstep, enhancing the everyday living experience and making it an ideal choice for future residents.
Prime new listing. We are excited to present this tenanted 2 bedroom flat - turnkey investment opportunity located within prime location in Forfar.
Home report of £95,000 The property comprises a welcoming hallway entry, a cosy living room, a well-equipped kitchen, two spacious bedrooms, a modern toilet, and ample storage throughout.
Currently occupied, this property generates a rental income of £650 per calendar month (£7,800 per annum).
It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield and incredible high-yield potential.
This property promises to captivate shrewd buy-to-let investors as a turnkey, high-yielding opportunity with significant potential for capital growth in a vibrant area.
Conveniently situated close to local amenities, you'll find everything you need right at your doorstep, enhancing the everyday living experience and making it an ideal choice for future residents.
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.
Excellent sales evidence in the area: **15, Newmonthill, Forfar DD8 2BH sold for £104,000 in June 2024,45, Lordburn Place, Forfar DD8 2DE sold for £101,500 in April 2022** 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 Forfar, a charming market town in Angus, Scotland, offers a rich history and vibrant community spirit.
With its beautiful landscapes, local amenities, and easy access to major routes, Forfar presents an ideal setting for both residents and investors seeking growth and a quality lifestyle.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
FAQ
About 51B, South Street, Forfar
Explore nearby