1 bedroom flat for sale

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1 bedroom flat for sale

178 High Street, Montrose DD10
£30,000

Our Summary

  • Prime Property Auctions is excited to present a rare 1 Bedroom flat within a prime location in Montrose - Guide price £30,000 *93a, High Street, Montrose, Angus DD10 8QY previously sold for £140,000, 81, High Street, Montrose, Angus DD10 8QY previously sold for £130,000 *  For rental purposes the property could attract a monthly rental figure of £400-475 per month (£4,800 - £5,700)  once renovated to a habitable standard - *POTENTIALLY HIGH YIELDING INVESTMENT*  Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home to put their own stamp on
  • Property is being offered at a discount to ensure Auction sale - *Guide price £30,000* - Local sales evidence shows that there is great capital growth potential
  • Property is currently uninhabitable and will require a degree of renovation prior to habiataion
  • Property is ripe for renovation and will benefit greatly from from a degree of renovation with room for fantastic value to be added
  • Great yield of  16- 19% if achieved for guide price*POTENTIALLY HIGH YIELDING INVESTMENT*Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home to put their own stamp on
  • Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth
  • Property has a Guide price of £30,000 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

Prime Property Auctions presents a rare 1 Bedroom flat in a prime location in Montrose, Angus, with a guide price of £30,000. The property has the potential to attract a monthly rental figure of £400-475 once renovated, providing an annual gross income of £4,800-£5,700, which is a yield of 16-19%. The property requires renovation but offers great potential for capital growth, with recent sales in the area showing strong demand. This is an excellent BRRR opportunity for investors looking for a property they can put their own stamp on in a sought-after location. The property is being offered at a discount to ensure an auction sale and will feature in an upcoming timed online auction.
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