Plans

7  Ogilvy's Close  Kirriemuir

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Description

***Incredible super spacious FREEHOLD 4 bedroom property with vacant possession in the centre of the historic market town of Kirriemuir in Angus*** ***GUIDE PRICE £41,000 BELOW HOME REPORT***

***Part finished renovation project, great opportunity to complete the works and add substantial value to this property. Majority of works have been completed to a high standard***

**Ideal short term let property (subject to licence) Potential nightly rate up to £200 / £73,000 pa at 100% occupancy. Standard rental at up to £1000 pm / £12,000 pa / 12% yield against guide price**

***The property comprises, entrance hallway, utility room, large dining kitchen, lounge, 4 bedrooms, sun room, shower room, bathroom and storage. Gas central heating and double glazing***

***Development opportunity*** Potential to add value*** Refurbished to a high standard*** Great family home*** Huge earning potential through short term letting (STL)***

## SUPER-SIZED 4 BEDROOM FREEHOLD PROPERTY – KIRRIEMUIR ### PART-FINISHED RENOVATION • VACANT POSSESSION • HUGE POTENTIAL • IDEAL INVESTMENT / FAMILY HOME ***GUIDE PRICE £41,000 BELOW HOME REPORT*** **Future Property Auctions are delighted to present this incredibly spacious four-bedroom FREEHOLD property, occupying a central position within the historic Angus market town of Kirriemuir.** Offering accommodation over **three substantial floors**, the property represents an outstanding opportunity for investors, developers, short-term let operators or buyers looking for a large family home. ### HUGE VALUE-ADD OPPORTUNITY The property is offered with **VACANT POSSESSION** and is currently a **part-completed renovation project**, with the majority of works already undertaken to a high standard. This gives the successful purchaser an excellent opportunity to complete the remaining works to their own specification and potentially add significant value. The sheer scale and versatility of the accommodation make this a particularly interesting proposition. ### EXCELLENT RENTAL & SHORT-TERM LET POTENTIAL The property could make an impressive short-term/holiday let, subject to obtaining all necessary licences and consents. **Potential short-term let rate: up to £200 per night** **Potential gross income: up to £73,000 per annum at 100% occupancy** Alternatively, the property may offer potential as a conventional residential rental: **Potential rent: up to £1,000 PCM / £12,000 PA** **Potential gross yield: 12% against guide price** *All rental and short-term letting figures are estimates only. Buyers should undertake their own due diligence regarding achievable rents, occupancy levels, licensing, planning and other regulatory requirements.* ### SUPER-SIZED ACCOMMODATION The property benefits from **gas central heating and double glazing** and offers an extensive and flexible layout comprising entrance hallway, utility room, large dining kitchen/living area, additional lounge, sun room, four bedrooms, shower room, family bathroom and useful storage. The generous accommodation could suit a variety of configurations and uses, subject to any necessary permissions. ### ACCOMMODATION & APPROXIMATE ROOM SIZES **GROUND FLOOR** Entrance Hallway – 4.07m x 2.92m (13'4" x 9'6") Utility Room – 4.85m x 7.70m (15'10" x 25'3") **FIRST FLOOR** Lounge / Kitchen – 7.55m x 4.02m (24'9" x 13'2") Sun Room – 2.50m x 2.06m (8'2" x 6'9") Bedroom – 2.85m x 4.46m (9'4" x 14'7") Shower Room – 2.15m x 2.09m (7'0" x 6'10") **SECOND FLOOR** Lounge / Bedroom – 4.76m x 3.96m (15'7" x 12'11") Bedroom – 3.51m x 1.99m (11'6" x 6'6") Bathroom – 2.60m x 1.84m (8'6" x 6'0") Bedroom – 3.17m x 2.78m (10'4" x 9'1") Bedroom – 2.78m x 4.41m (9'1" x 14'5") ### AUCTION HIGHLIGHTS **FREEHOLD • VACANT POSSESSION • FOUR BEDROOMS • THREE FLOORS • PART-FINISHED RENOVATION • MAJORITY OF WORKS ALREADY COMPLETED • SUPER-SIZED ACCOMMODATION • VALUE-ADD POTENTIAL • SHORT-TERM LET POTENTIAL • STRONG RENTAL POTENTIAL • GAS CENTRAL HEATING • DOUBLE GLAZING • CENTRAL KIRRIEMUIR LOCATION** **A superb opportunity to acquire a substantial property with multiple potential exit strategies. Early viewing is strongly recommended to appreciate the scale, flexibility and potential available at Ogilvy's Close.**

Maps & Location

Ogilvy's Close enjoys a central location within the popular Angus market town of Kirriemuir, within easy walking distance of the town centre and its excellent range of local shops, cafés, restaurants and everyday amenities. Kirriemuir is an attractive and historic town, well known as the birthplace of Peter Pan creator J. M. Barrie and as the gateway to the Angus Glens. The town offers schooling, supermarkets, leisure facilities and good local transport connections. The larger town of Forfar is approximately 6 miles away, while Dundee is around 18 miles away, providing a wider range of employment, shopping, leisure and transport facilities. The surrounding Angus countryside and nearby glens also make Kirriemuir popular with visitors, walkers and outdoor enthusiasts. The property's central position, generous accommodation and access to local attractions make it potentially suitable for a variety of uses, including as a family home, residential investment or short-term/holiday let, subject to all necessary licences and consents.

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