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18 Katarine Street, Forfar, Angus

Scotland

£135,000Guide Price

Listed on 14/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
1098 sqft

Description

This traditional end-terraced three-bedroom house offers a wealth of potential for renovation and investment. Built around 1880, the property has been extended over the years and provides generous family-sized accommodation spanning approximately 131 sqm. Inside, you'll find two reception rooms, three bedrooms, a kitchen, utility room, shower room with WC, and an additional separate WC. A unique feature is the balcony that extends over the attached single garage, accessed from the main living room. The house benefits from gas central heating and uPVC double glazing throughout, achieving an EPC rating of C – a distinct advantage for future energy efficiency standards. However, it requires comprehensive modernisation and upgrading to bring it up to contemporary living standards. Notably, this property comes with a Home Report value of £160,000 which indicates significant potential for added value post-refurbishment. Externally, there are two garden areas adorned with mature planting along with a private gravel driveway offering off-street parking and access to the garage. Located in Forfar, close to local amenities and excellent transport links to Dundee and Aberdeen, this home represents a solid opportunity for resale or buy-to-let investment as three-bedroom family homes in this area are in consistent demand. Early viewing is encouraged to fully appreciate this promising property.

Investment analysis

(DD8 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£123/sq ft
Area Average
£165/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£199,649
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (DD8)

Area prices are falling by -4.5% over the last 12 months
3 year growth: +0.2%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on DD8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

18 Katarine Street, Forfar, Angus
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£510
Based on a loan of £101,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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