0141 674 1833

Castle Street, Forfar, DD8

1 bedroom Flat in Forfar

For Sale
Offers Over £63,000
Potential Yield 9.4 %
Property Reference: 198315168
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 51 sq m

Property Features

Property Features

  • PART OF BUSINESS INVESTMENT PORTFOLIO
  • Perfect Business Opportunity
  • Purpose Built - Full Furniture and Fittings Package 
  • Open Plan Lounge
  • Three Piece Shower Room Suite
  • Communal Garden Grounds
  • Allocated Parking Space
  • Easy Access to Local Amenities

Property Information

Full Details

PART OF BUSINESS INVESTMENT PORTFOLIO

This property is 3 of 6 properties being sold as a portfolio. Income is being achieved on a nightly basis involving ABNB and Booking.com.

Our latest listing is a 1 bedroom flat located in Forfar. With an open plan lounge, three piece bathroom and easy access to valuable amenities, this is the perfect opportunity for Buyer Looking to Move up The Property Ladder.

This well-kept home features 1 bedroom, a three piece shower room suite, an open plan lounge to kitchen, communal garden grounds and allocated parking space.

As part of the portfolio within the properties they encompasses the following key features:

1. All properties are fully furnished and most of them are making a nightly income of between £120-160 per night
2. All properties have streaming facilities with tv shows, sports and movie packages.
3. All fully furnished with extra sets of bed linen for nightly changeovers
4. One booking alone will bring in £4000 in a 3 week period next month
5. Facilities include in one house fully fitted out gymnasium, sauna, Tanning booth, and 12 man hot tub in garden
6. All residential properties have recent gas and electrical safety inspection certificates including all PAT test
7, Carry on with ABNB or Booking.com and utilize many other booking engines
8. Build your own website or have the search engines do it for you for free
9. Owner lives abroad therefore wants a quick cash sale. On this emphasis he is willing to discount the whole portfolio by £100,000 for quick sale
10. The closed hotel has lounge bar , public bar, restaurant, nightclub, conference room and owners accommodation and could all be changed to SA accommodation like all the others
11. Government has just announced a multi million pound "Acorn" project at Europe's Biggest Gas plant 15 mins away providing 25,000 new jobs
12.All properties can take out large nightly contracts on a long term basis
13. New Offshore Windfarm HQ recently opened in Fraserburgh
14 Offered for quick sale with everything included... just take over and make money

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 198315168

Investment Checklist

  • Tenancy Status: Vacant
  • Potential Rent pcm: £550
  • Tenancy Agreement in place: Not Applicable
  • Tenancy Compliance in place: Not Applicable
  • Current Term of Tenancy: Not Applicable
  • Tenants means of funding: Not Applicable
Property Reference: 198315168
Property Reference: 198315168

Property Location

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Request DetailsCastle Street, Forfar, DD8

Offers Over £63,000

Make an offer
Castle Street, Forfar, DD8

Listing Price

Offers Over £63,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.

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