Academy Lane, Arbroath, DD11
TH

Academy Lane, Arbroath, DD11

By Thorntons Property Services

£ 70,000

Reviews

2 out of 5 stars

Thorntons Property Services says ..

Ideal opportunity to purchase this centrally located plot which has full planning for one dwelling house. The plot has an ideal central location within walking distance to all local amenities and will appeal to many buyers .The building plot presents a rare opportunity to create a custom home ...

Property Oracle says ..

This listing presents a proposed new-build property located in Arbroath, Angus, Scotland. The property is shown in architectural renderings depicting a contemporary, single-story house with a seemingly open-plan design, showcasing a modern kitchen and living area. The renderings also suggest the potential for a small, paved rear area. The location in Arbroath offers proximity to the town’s amenities and the coast, while the railway station allows for travel connections. However, the provided information regarding nearby schools, shops, and other amenities is limited, hindering a full evaluation of the immediate surroundings. The plot size appears quite compact, with the main space taken up by a hardstanding area. A significant aspect to consider is the price point of £70,000. The substantial square footage may at first suggest good value, but without reliable comparable property sales data for the area, and given the lack of land and the likely building costs, the price needs thorough investigation to ascertain if this is accurate and feasible.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
10
Location
7
Land
2
Bedrooms
0
Bathrooms
0
Sqft (est)
10,763.91

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
53,748.00 £
Decreased by 74.93 %
from 214,428.00 £
Est sale value
764,237.61 £
Decreased by 64.50 %
from 2,152,782.00 £
Average area rental value
450.00 £/mo
Decreased by 46.11 %
from 835.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
10.05 %
Increased by 115.20 %
from 4.67 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Thorntons Property Services created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hill Terrace £ 000.00 KM
Convent Street £ 000.00 KM
Market Place £ 70,00000.00 KM
Old Shorehead £ 000.00 KM
Sidney Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Arbroath9079ARB1.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Academy Lane, Arbroath, DD11 £ 70,000BUY5 / 100.00 KM
Hill Terrace, Arbroath, DD11 £ 145,000BUY6 / 100.05 KM
East Abbey Street, Arbroath, Angus, DD11 £ 120,000BUY6 / 100.17 KM
East Abbey Street, Arbroath, Angus £ 130,000BUY6 / 100.17 KM
Hill Road, Arbroath, Angus, DD11 £ 135,000BUY6 / 100.17 KM