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Montrose Street, Brechin DD9 1 bed flat for sale
Montrose Street, Brechin DD9
£27,000
Montrose Street, Brechin DD9
£27,000
Our Summary
- Discounted from open market value to ensure auction sale
- Property has excellent potential and would suit a buy to let landlord looking for an easy project that would be a sure addition to their portfolio - Brechin sits on the banks of the River South Esk, a Historic town and former Royal Burgh of Angus
- Property may require some renovation in order to reveal its true potential
- Auction Details03 April 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: 03 April 2025
Description
This vacant studio flat is located in the heart of Brechin, a popular commuter town in Angus, Scotland. The property, which is discounted from its open market value, offers a great opportunity for a buy-to-let investor looking for a project with excellent capital growth and rental yield potential. The flat is well-presented internally and comprises an open-plan lounge with kitchen and bedroom, as well as a bathroom. The rear gardens are well-maintained and provide a lovely outdoor space. With an expected rental yield of 21-24%, this property is sure to appeal to investors looking for a relatively easy project with high returns. The town of Brechin has a rich history and plenty of amenities, including the River South Esk, historic town houses, and a museum. With some renovation, this property could attract a monthly rental of £350-£400, making it an attractive investment opportunity.