>
1 bedroom flat for sale
10 Elm Brae, Arbroath, DD11 4ER
£60,000
10 Elm Brae, Arbroath, DD11 4ER
£60,000
Our Summary
- 2% if achieved for a guide price of £50,000 Sure to appeal to shrewd buy to let investors looking for a high yielding investment opportunity
- Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential - ***HOME REPORT £70,000*** The property is currently tenanted at £425 per month ( £5,100 p/a ) which provides an excellent yield of 10
- 2% if achieved for a guide price of £50,000 Sure to appeal to shrewd buy to let investors looking for a turn-key investment opportunity
- ***6, Lochlands Gardens, Arbroath, Angus DD11 3DL Previously sold for £80,000, 24, Beech Grove, Arbroath, Angus DD11 2EU Previously sold for £75,000,18 Sep 2023*** Excellent turn-key investment Opportunity
- Sure to appeal to investors looking for an already let flat in a sought after location with great potential for Capital Growth
- 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 is offering a 1 bedroom flat in Arbroath, Scotland for sale at a guide price of £50,000. The property is currently tenanted and generates a monthly rent of £425, providing an excellent yield of 10.2%. The property has previously sold for £80,000 and £75,000, and the current guide price represents a discount to ensure an auction sale. The location is prime and within walking distance to the town center and local amenities. The property is already let, providing a turn-key investment opportunity with great potential for capital growth. The area has seen recent strong demand, and the property's home report valuation is £63,000. The auction is open to immediate offers, and the property will feature in an upcoming timed online auction.