2 bedroom flat for sale

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2 bedroom flat for sale

High Street, Montrose, Angus, DD10
£55,000

Our Summary

  • This makes it an excellent investment opportunity with the potential for significant capital appreciation
  • Ideal investment opportunity

Description

This exceptional two-bedroom apartment is located in the heart of Montrose town centre, boasting high-quality finishes and ample natural light. The property is currently tenanted and has been since 2017, providing a positive rental income for investors. With its prime location, it is expected to see strong demand in the coming years due to investment in the port and the Seagreen wind farm. The apartment is situated near a wide range of amenities, including shops, restaurants, and cultural attractions, and is well-connected to public transport links. The property is an excellent investment opportunity with the potential for significant capital appreciation, offering a current gross yield of 9.27% and a gross yield market value of 11.45%. Additionally, purchasing the neighboring property would maximize returns, offering a current gross yield of 10.42% and a gross yield market value of 13.26%.
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