1 bedroom flat for sale

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1 bedroom flat for sale

40 Union Street, Montrose, DD10 8PY
£20,000

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