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1 bedroom flat for sale
Castle Street, Forfar DD8
£59,000
Castle Street, Forfar DD8
£59,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
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Buyer, we invite you to explore this unique opportunity to invest in a thriving business investment portfolio with a proven track record of income generation. This collection of properties in Forfar includes a 1-bedroom flat that is currently generating nightly income through platforms like Airbnb and Booking.com. The flat boasts an open-plan lounge and kitchen, a modern three-piece bathroom, and is situated close to essential amenities, making it an attractive option for investors looking to expand their property portfolio.
The property, along with the other five properties in the portfolio, is fully furnished and equipped with all necessary amenities, including a communal garden and an allocated parking space. Each property has recent safety certificates, ensuring peace of mind for the new owner. The portfolio's key features include a fully fitted gym, sauna, tanning booth, and hot tub in one of the properties, and the potential for the closed hotel to be converted into short-term accommodation, similar to the others.
The owner, who resides abroad, is motivated for a quick cash sale and is offering a substantial discount of £100,000 for the entire portfolio. This incentive, combined with the recent announcement of a major "Acorn" project nearby, which promises to create 25,000 new jobs, makes this investment particularly compelling. Additionally, the area has seen the opening of an Offshore Windfarm HQ, further enhancing the region's economic prospects.
For potential buyers, the Home Report is available upon request, and Let Property Sales is dedicated to ensuring a smooth and committed transaction process. This is a rare opportunity to own a piece of a profitable investment portfolio in a location with significant growth potential.