Summary - Cairnie Street, Arbroath, DD11 DD11 3BJ
2 bed 1 bath Flat
Immediate rental income with scope to increase returns for hands-on investors.
Freehold two-bedroom flat in Victorian terrace
A compact two-bedroom flat set within a traditional Victorian terrace on Cairnie Street, offered with a long-term tenant in situ. The property is freehold, has a lounge, kitchen and one bathroom, and benefits from good mobile signal and fast broadband — useful for attracting modern renters.
Currently achieving an annual gross income of £4,560, the rent could be increased to an estimated £5,400 at market rates, improving gross yield from about 7.0% to roughly 8.3% at the current asking price. The apartment’s spacious-feeling rooms and period exterior make it straightforward to market to lettings demand in the town.
Important investment considerations: the wider area is classified as very deprived, which can affect tenant profiles and demand stability. The property is small (approx. 545 sq ft) and has a single bathroom, and a Buyers Premium applies to secure the sale. These factors should be weighed against the rental uplift potential and immediate income stream from the sitting tenant.
Overall, this is a clear buy-to-let opportunity for a serious investor or developer seeking an entry-level freehold flat with immediate income and scope to increase rent, while being realistic about local area challenges and upfront sale fees.
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