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2 bed flat
Wharf Street, Montrose, Angus
£65,000
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Our Summary
- Currently achieving £500 pcm, the property offers the potential to reach approximately £650 pcm, presenting an opportunity to acquire an income-producing asset with further upside
- Investment Overview With a current rental income of £500 pcm and an estimated market rent of £650 pcm, there is clear scope to improve returns over time
- This gap between existing and potential rental levels offers investors the chance to enhance overall performance while maintaining continuity of income
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Description
Located at 35 Wharf Street, Montrose, DD10 8BD, this is a 2-bedroom flat that is part of a 16-unit portfolio and currently achieving £500 per calendar month in rental income, with potential to increase to approximately £650 per calendar month. The property has a practical layout and a well-established location, providing a strong option for a straightforward buy-to-let investment. It also benefits from an existing tenancy, allowing investors to receive rental income from the start.