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Union Street, Montrose DD10 1 bed flat for sale
40 Union Street, Montrose, DD10 8PY
£40,000
40 Union Street, Montrose, DD10 8PY
£40,000
Our Summary
- The property requires light renovation, presenting a sure appeal to shrewd builders, investors, and developers seeking a rare project with remarkable capital growth potential
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This prime new listing is a vacant 1-bedroom flat located in the desirable area of Montrose, Scotland. The property requires light renovation and is being offered at a fantastic discount to ensure a sale. With a guide price, this opportunity could yield a robust gross return of 15% to 18% for savvy investors. The property is situated near local amenities, schools, and public transport, making it an attractive proposition for builders, investors, and developers seeking a rare project with remarkable capital growth potential. The area has seen impressive sales evidence, with similar properties selling for £76,000 and £77,500 in the past. The property is open to immediate offers and will feature in an upcoming timed online auction.