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1 bedroom flat for sale
Montrose Street, Brechin DD9
£30,000
Montrose Street, Brechin DD9
£30,000
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 Details25 July 2024, 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
Description
This vacant ground floor studio flat is located in the centre of Brechin, a popular commuter town with a rich history. The property is well-presented internally and benefits from lovely gardens. Although it may require some renovation to reveal its true potential, the expected rental yield is 21-24% and the property has excellent capital growth potential. The flat is situated in a great location, close to local amenities and attractions such as the River South Esk and the Caterthuns, where you can see remains of iron-age hill forts. The property is being sold at a discounted price to ensure a quick sale, making it an attractive opportunity for buy-to-let investors looking for a project with excellent rental yield and capital growth potential.