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Crockatts Building, Brechin DD9 1 bed flat for sale
2, Crockatts Building, Brechin, DD97DH
£28,000
2, Crockatts Building, Brechin, DD97DH
£28,000
Our Summary
- ** SALE BY AUCTION - 20 March 2025 - Timed Online Auction **J&E Shepherd RICS Home Report £40,000 (FORTY THOUSAND POUNDS STERLING)
- Auction Details20 March 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
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- AUCTION DATE: 20 March 2025
Description
This second-floor flat is being sold by auction on March 20, 2025, with a guide price of £40,000. The property has been tenanted since 2012, with a current rent of £270 per month, generating an annual income of £3,240. The flat has one bedroom, a kitchen, living room, bathroom, and a shared yard and garden to the rear. It has mains gas supply, gas central heating, and double glazing. The property is located in Brechin, Angus, a popular town with a range of amenities, and is expected to appeal to buy-to-let investors looking for a project with excellent capital growth and rental yield potential. The expected rental yield is 21-24% per annum.