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Crockatts Building, Brechin DD9 1 bed flat for sale
Crockatts Building, Brechin DD9
£18,000
Crockatts Building, Brechin DD9
£18,000
Our Summary
- Auction Details15 May 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 15 May 2025
Description
This second-floor flat in Brechin, Angus, is a self-contained property with a hallway, kitchen, living room, bedroom, and bathroom with WC. The flat, which dates back to around 1890, has a mains gas supply and is double-glazed. The current tenant has been in place since 2012, paying £270 per month, generating a gross annual income of £3,240. The property is expected to appeal to buy-to-let investors seeking a project with excellent capital growth and rental yield potential, with an expected rental yield of 21-24% per annum. The flat is situated in a popular town with a range of amenities, including schools, and is available at a guide price of £40,000.