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High Street, Kirriemuir, DD8 4

PROPERTY TYPE

Flat

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Description

Residential Investment Opportunity – Block of 6 Flats (variety of sizes from 1 to 3 bedrooms flats) with Option to Acquire Commercial Premises Below | Central Kirriemuir.

An excellent opportunity to acquire a residential investment block comprising six flats in the heart of Kirriemuir, with the added option to purchase the commercial premises below, creating the potential to own the entire building.

Located in a prime town centre position, the property sits within easy walking distance of shops, supermarkets, cafés, restaurants, public transport links and all local amenities, making it an attractive proposition for both tenants and investors alike.

The residential accommodation comprises six flats, with a mixture of tenanted and vacant units. This provides immediate rental income alongside asset management opportunities to increase occupancy levels and enhance future returns.

The vacant flats would benefit from some upgrading and modernisation, presenting an excellent opportunity for investors to add value through refurbishment, improve rental yields and potentially increase overall capital value.

The optional acquisition of the commercial unit below offers a rare chance to secure complete ownership of the building, providing multiple income streams and greater long-term control of the asset.

Investment Highlights:

Residential block comprising 6 flats
Option to acquire the commercial premises below
Opportunity to own the entire building
Mix of tenanted and vacant units
Immediate income-producing asset
Asset management and value-add potential
Scope for refurbishment and rental growth
Prime central Kirriemuir location
Walking distance to all local amenities
Strong demand for rental accommodation in the area
Potential for enhanced yields and future capital growth (currently round 7% yield)

Kirriemuir continues to attract both tenants and investors due to its strong local community, excellent amenities and convenient access to Dundee, Forfar, Angus and the surrounding employment centres.

This is a rare opportunity to acquire a substantial mixed-use investment with immediate income, asset management potential and significant upside for the proactive investor.

Further information, tenancy details, financial information are available upon request. HR will be requested at the point of offer along with EPC
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

High Street, Kirriemuir, DD8 4

Approximate location

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Affordability

Monthly repayments£1,906
Property: £ 380,000
Deposit: £ 38,000
Interest rate: 5.33%
Term: 30 years
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About McIntyre Properties, Dundee

118 Main Street, Invergowrie, DD2 5BE

McIntyre Properties has been founded by Gale McIntyre, who has a passion for property and great customer care. This passion has come from being a landlord, buying and selling her own properties and from her time as an Estate Agent prior to setting up her own agency.

At McIntyre Properties, the whole team have strong focus on marketing clients' properties to get the best price possible. We pride herself on going above and beyond to meet clients' needs. No matter if you are selling your property with McIntyre Properties or buying one of our listed properties, our priority is always bespoke excellent customer care.

We have added a personal touch to this industry which has been welcomed by our clients. We aim to support, guide, and share this journey with clients so they never feel alone and unsure of their next steps. We aim to keep this journey as enjoyable as possible.

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Disclaimer - Property reference RX807772. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by McIntyre Properties, Dundee. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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