Crockatts Building, Brechin DD9 1 bed flat for sale

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Crockatts Building, Brechin DD9 1 bed flat for sale

Crockatts Building, Brechin DD9
£28,000

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, with central heating. The property has been tenanted since 2012, with a current rent of £270 per month, generating a gross annual income of £3,240. The shared yard and garden to the rear of the property offer outdoor space. With an EPC rating of Band C, this flat is expected to appeal to buy-to-let investors seeking a project with excellent capital growth and rental yield potential, with an estimated rental yield of 21%-24% per annum. The property will be auctioned online on May 15, 2025, with bidding open from 10am-3pm.