Long-term tenant and immediate income — buy-to-let for serious investors.
Freehold 2-bedroom flat, approx. 840 sq ft
A two-bedroom, freehold flat on Hill Road, Arbroath, presented as a buy-to-let with a long-term tenant in situ. The well-kept conversion occupies around 840 sq ft and includes a spacious lounge, large kitchen and off-street parking — practical features that support steady rental demand. Current gross rental income is £8,400 per year, with scope to increase to an estimated £10,200 at market rate.
This opportunity is aimed squarely at investors seeking an income-producing addition. The existing tenancy has a reliable payment history and the occupants are expected to remain, delivering immediate, hands-off cash flow. The property’s central location offers easy access to local amenities and transport, and the solid brick construction suggests low exterior maintenance needs.
Buyers should note material negatives: the wider area is classified as very deprived and the immediate neighbourhood is described as ‘challenged transitionaries’, which can affect capital growth and tenant mix. Broadband speeds are average and mobile signal is excellent. A Buyers Premium applies to secure the sale; prospective purchasers should review the Let Property Pack for tenancy terms, income details and any management obligations before bidding.
For investors comfortable with working in higher-deprivation markets, this flat offers a straightforward, income-producing asset with short-term uplift potential through rent re-letting to market levels. For buyers prioritising capital appreciation or low-needs locations, the area classification and premium fee are important considerations.