This prime 1-bedroom flat in Montrose is a rare investment opportunity that requires light renovation. Located in a highly desirable area, the property is expected to yield a robust gross return of 15% to 18% if secured at the guide price. With impressive rentals of approximately £500 to £600 per calendar month, this property presents a sure appeal to shrewd builders, investors, and developers seeking a rare project with remarkable capital growth potential. The property is situated near local amenities, schools, and public transport, making it an attractive proposition for savvy investors. With sales evidence in the area, including properties sold for £76,000 and £77,500, this property is being offered at a fantastic discount to ensure a sale. The property will feature in an upcoming timed online auction, allowing potential buyers to participate in the live auction and secure this incredible opportunity.