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Montrose Street, Brechin DD9 1 bed flat for sale
Montrose Street, Brechin DD9
£40,000
Montrose Street, Brechin DD9
£40,000
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 Details28 February 2025, 12pm Deadline for OffersHow 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 center of Brechin, a popular commuter town in Angus, Scotland. The property is well-presented internally and has a lovely garden, which is a rare feature in this type of property. The flat is currently discounted from its open market value to ensure a sale at auction, making it an attractive opportunity for buy-to-let investors. With a guide price of £60,000, the expected rental yield is 21-24%, making it a great investment opportunity. The property may require some renovation to reveal its true potential, but once done, it could attract a monthly rental of £350-£400. The location is ideal, with local amenities and attractions nearby, including the River South Esk, historic town houses, and iron-age hill forts.