This prime new listing presents a vacant 1-bedroom flat in Montrose, Scotland, offering a rare opportunity for savvy investors and developers. The property requires light renovation and is located near local amenities, schools, and public transport. With a guide price, it could yield a robust gross return of 15% to 18% per annum, making it an attractive proposition. The area has seen impressive sales in recent times, with similar properties selling for £76,000 and £77,500. The property is being offered at a fantastic discount to ensure a sale, and it will feature in an upcoming timed online auction. With its prime location and potential for capital growth, this property is sure to appeal to shrewd builders, investors, and developers seeking a rare project with remarkable upside potential.