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4 bedroom house for sale
21 David Street, Inverbervie, DD10 0RR
£210,000
21 David Street, Inverbervie, DD10 0RR
£210,000
Our Summary
- *** HOME REPORT VALUATION £240,000 **** ***Castle Place, Inverbervie, Montrose sold for £387,222 OCT 2023, Hallgreen Road, Inverbervie sold for £236,000***Property could benefit from a light degree of renovation
- If run as an airbnb, property could command a nightly rate of £80 per room which would generate a monthly income of £7680/month based on 80% occupancy (subject to gaining necessary planning permission)
- Due to main door access, could be let as an airbnb/short term let, subject to gaining necessary planning permission from local authority
- Property also comes with a large plot at the rear with potential for a jacuzzi or cold water immersion tub
- ***Castle Place, Inverbervie, Montrose sold for £387,222 OCT 2023, Hallgreen Road, Inverbervie sold for £236,000***Property could benefit from a light degree of renovation
- Property would benefit from a light degree of renovation
- Property has a Guide price of £220,000 and is sure to appeal to investors looking for a property that they can put their own stamp on
- 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
A rare and unique 4/5 bedroom detached house is being auctioned off in Inverbervie, with a Home Report valuation of £240,000. The property has the potential to benefit from renovation and offers fantastic capital growth potential. It could be let as an Airbnb, subject to gaining necessary planning permission from the local authority, and could command a nightly rate of £80 per room, generating a monthly income of £7680/month based on 80% occupancy. The property also benefits from gas central heating and double glazing, and has a large plot at the rear with potential for a jacuzzi or cold water immersion tub. The area has seen recent strong demand and the property is offered at a fantastic price, making it an excellent BRRR opportunity for investors.