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3 bedroom semi-detached house for sale
38 Forrestal Street, Edzell Woods, Brechin, DD9 7XG
£100,000
38 Forrestal Street, Edzell Woods, Brechin, DD9 7XG
£100,000
Our Summary
- Sales Evidence: **27 Forrestal Street, Brechin DD9 7XG sold for £150,000; 140 Denstrath View, Brechin DD9 7XQ sold for £215,000; The Willow, Denstrath Road, Brechin DD9 7XF sold for £185,000** This property offers an excellent opportunity for investors to utilise the BRRR strategy—buy, refurbish, rent, and refinance
- With the potential for significant capital growth, it's a fantastic prospect for those looking to add real value
- The property has the potential to achieve rental income of £850 to £950 per month, equating to £10,200 to £11,400 annually, resulting in an impressive gross yield of 10% to 11%
- This property offers an excellent opportunity for investors to utilise the BRRR strategy—buy, refurbish, rent, and refinance
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- With the potential for significant capital growth, it's a fantastic pro
Description
This vacant 3-bedroom semi-detached house in Brechin offers an excellent opportunity for investors to utilize the BRRR strategy, with the potential for significant capital growth. The property is situated in a prime location, close to local amenities and transport links, making it ideal for families or individuals looking to personalize their living space. With a gross yield of 10% to 11%, the property has the potential to achieve rental income of £850 to £950 per month. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area, including comparable properties selling for £150,000, £215,000, and £185,000. The property will feature in an upcoming timed online auction, with the option to offer now through the "Offer NOW" button on the website.