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Guide Price

£32,000

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146B High Street, Montrose, DD10 8JB

Residential

flat

Occupied

1

bed

1

bath

1

reception

Tax band: A

Freehold

Tenanted Residential Investment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted one-bedroom flat located within a prime location in Montrose. 

  • **154e, High Street, Montrose previously sold for £131,500. Flat A/1, 150 High Street, Montrose previously sold for £70,000 **

  • This investment opportunity is a one-bedroom tenanted property currently achieving a rental income of £300 per month. This results in an impressive annual income of £3,600 which translates to an 11.25% yield if purchased at the guide price.

  • Perfect for the astute investor, this property offers both impressive rental returns and capital growth potential. It is a fantastic chance for anyone seeking a turnkey investment.

  • Situated in a desirable location with excellent local amenities and transport links, this property is ideal for an investor looking for their next project with significant rental and capital growth possibilities.

 PRIME NEW LISTING. We are excited to present this tenanted one-bedroom flat located within a prime location in Montrose. 

The property comprises a welcoming entrance hall, a spacious and bright living room, a well-equipped kitchen, a comfortable bedroom, and a modern bathroom with W.C.

This investment opportunity is a one-bedroom tenanted property currently achieving a rental income of £300 per month. This results in an impressive annual income of £3,600 which translates to an 11.25% yield if purchased at the guide price

Perfect for the astute investor, this property offers both impressive rental returns and capital growth potential. It is a fantastic chance for anyone seeking a turnkey investment.

Situated in a desirable location with excellent local amenities and transport links, this property is ideal for an investor looking for their next project with significant rental and capital growth possibilities.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**154e, High Street, Montrose previously sold for £131,500. Flat A/1, 150 High Street, Montrose previously sold for £70,000 **

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Montrose is a charming coastal town in Scotland, known for its picturesque landscapes and vibrant community. With a rich maritime heritage, Montrose offers a mix of cultural attractions, excellent transport links, and a variety of local amenities, making it an attractive place to invest and live.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.