Thorntons are delighted to bring to the market 143 High Street, Arbroath, a substantial 8-bedroom maisonette with HMO licence, ideally suited for investment. The property comprises eight individual serviced apartments, offering strong and consistent rental potential. The accommodation is well-equipped for multiple occupancy, benefiting from two kitchens, a shower room, a bathroom, and a separate WC, ensuring practical and flexible living arrangements. Externally, the property features a rear garden and a secure entry system, providing additional privacy and security for residents. The property is being sold as a going concern, presenting an excellent opportunity for investors seeking an established income-generating asset. Details of revenue will be made available to interested parties following viewings.
Development Opportunity
8 Individual Serviced Apartments
Communal Kitchens & Bathrooms
Current HMO Licence
100% Occupancy
Sold as a going concern
Gas Central Heating & Partial Double Glazing
Secure Entrance
Private Rear Garden
It's famed for the "Declaration of 1320" and as home of the "Arbroath Smokie," although the smoked haddock delicacy actually originated in the nearby one-time fishing village of Auchmithie.
But as you would expect from the biggest of the Angus towns, there's so much more to Arbroath than just its rich seafaring heritage, captured in a multi-million-pound visitor centre by the quay. The population numbers around the 24,000 mark and it has been hailed among the country's most affordable commuter towns, with Aberdeen and Dundee both coming into play.
It is home to Angus College, the Webster Theatre, two secondary schools, 11 primaries and, of course, a harbour. The Arbroath football team's nickname is the Red Lichties, referencing the lamp which adorned the harbour entrance as an aid to shipping.
The rural hinterland includes the villages of Inverkeilor, with its parks, primary school and pub, Friockheim and the clifftop hamlet of Auchmithie.
This monthly repayment amount reflects the estimated cost of your mortgage each month.
*By clicking refer me below, TSPC will refer you to an independent mortgage adviser regulated by the FCA. By asking for a referral you agree to your contact information being shared.
Learn all about Land & Buildings Transaction Tax (LBTT) in Scotland, including rates, first-time buyer relief, and how to calculate your tax bill. For more information about LBTT click here