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1 bed flat
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Our Summary
- Prime Investment Opportunity
- Strong Rental Uplift Potential
- Caledonia Portfolio presents this 1-bedroom flat at 17B Baltic Street, Montrose, DD10 8EX, an excellent investment opportunity, currently offered with a reliable sitting tenant
- The current tenancy at £362 PCM delivers an immediate income stream, while current market evidence suggests a rental value of approximately £500 PCM, offering substantial scope for increased returns through natural rental growth and market alignment
- For an investor, there is clear potential to enhance both the property's income and long-term value
- Caledonia Portfolio Insight We have classified 17B Baltic Street as a Prime Investment Opportunity
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Description
The property is a 1-bedroom flat located at 17B Baltic Street, Montrose, DD10 8EX. It currently has a sitting tenant paying £362 PCM and has a rental value of approximately £500 PCM, offering potential for increased returns through rental growth and market alignment. The property benefits from an established tenancy, providing immediate rental income and removing the uncertainty of initial letting.
It is situated in Montrose, a coastal town with good transport links, a diverse local economy, and consistent demand for quality rental accommodation.