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Hill Terrace, Arbroath, DD11

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

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.

Freehold

Key features

  • Buy-to-let Investment
  • Tenanted & fully compliant
  • 2 Bedrooms
  • Rental £485pm
  • Yield 9%
  • Home Report £75,000
  • Furnished let
  • EPC Rating C

Description

Portolio is pleased to present this two-bedroom, main-door ground-floor flat in Arbroath, offered for sale as a buy-to-let investment with a tenant in situ. The tenant has been resident since April 2021, providing an established rental income from day one. With a Home Report value of £75,000 and current rent of £485 per calendar month, the property generates £5,820 in annual rental income, representing an indicative gross yield of approximately 9% based on the Home Report value.

Extending to approximately 54 sqm, the accommodation comprises an entrance hallway, lounge, kitchen, two bedrooms and a bathroom. The property benefits from its own main-door access, providing a sense of independence, while a secondary access from the kitchen leads to a mutual close shared with other residents. This provides access to the communal drying area at the rear of the building. Further features include gas central heating and hot water supplied by a Worcester Greenstar boiler, replacement uPVC sash-and-case double-glazed windows and an EPC Rating of C.

Arbroath offers investors the opportunity to enter the property market at a relatively accessible price point, within an established coastal town on Scotland’s east coast. The town benefits from local shops, supermarkets, schools, leisure facilities and transport connections, while its coastal setting and historic harbour contribute to its appeal as a place to live. Arbroath also benefits from access to the wider Angus economy, with employment opportunities across areas including healthcare, retail, education, manufacturing and local services. Its position between Dundee and Montrose provides access to a broader range of regional employment and amenities. 6 Hill Terrace offers investors an income-producing property at an accessible price point. Buyers should undertake their own due diligence regarding the tenancy, property condition, ongoing costs and future rental potential.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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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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Hill Terrace, Arbroath, DD11

Approximate location

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Affordability

Monthly repayments£325
Property: £ 64,995
Deposit: £ 6,500
Interest rate: 5.3%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Portolio, Edinburgh

34 South Gyle Crescent, Edinburgh, EH12 9EB
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 29655259. 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 Portolio, Edinburgh. 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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