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Four-bedroom converted flat with rental potential

Forfar, DD8 - Get Access

4 bed

Description

This is a 4-bedroom converted flat located at 18 John Street, Forfar, Angus, DD8 3EZ. It is priced £30,000 below its Home Report value of £130,000. The property offers significant income potential, with projected long-term rental income of approximately £850 PCM (£10,200 per year) and short-term let / Airbnb potential of approximately £17,300 per year. The property is situated in the heart of Forfar, benefiting from excellent A90 links to Dundee and Aberdeen, making it ideal for commuters. Local amenities such as shops and schools are within easy reach, as are attractions like Forfar Loch Country Park. The Whitehills Health and Community Care Centre is also nearby. The high room count at this price point makes it an attractive opportunity for investors seeking strong rental yields. Pre-auction offers are being considered by the seller, offering a chance to secure the property before the auction date. The property is described as a rare 4-bed configuration at an entry-level price point with excellent commuter links and proximity to local amenities.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area Estimated: 875 sq ft

The property is a 4-bedroom flat in Forfar. The valuation is primarily based on its size, location, and condition, with consideration given to its potential rental income. As no same-building comparables were provided, nearby sales of similar property types were used as secondary evidence.

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