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27 Union Street, Montrose, DD10 8PZ

Guide Price

£65,000

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Guide Price

£65,000

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Apartment

Residential

Occupied

27 Union Street, Montrose, DD10 8PZ

2

bed

1

bath

1

reception

Council tax: A

freehold

Tenanted Investment Opportunity

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Live Online Auction in

5

Days

12

Hours

58

Minutes

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Description

    • PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom ground-floor flat located within a prime location in Montrose. HOME REPORT £85,000

    • **Flat 2/3, 29 Union Street, Montrose DD10 8PZ sold for £82,000, 53f Union Street, Montrose DD10 8PZ sold for £100,000, 57 Union Street, Montrose DD10 8PZ sold for £91,000.**

    • The property is currently tenanted at £550 per month, generating an impressive annual income of £6,600. This translates to a remarkable yield of 10%, making it a perfect turn-key investment opportunity for investors seeking immediate cash flow.

    • Nestled in a sought-after buy-to-let location, this property is an ideal purchase for astute investors looking for an affordable rental income vehicle.

    • Situated in a prime location, the property offers tremendous potential for capital and rental income growth over time. It's perfect for those looking to secure immediate cash flow now with fantastic growth prospects in the future.

    PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom ground-floor flat located within a prime location in Montrose. HOME REPORT £85,000

    The property comprises a welcoming entrance vestibule, a spacious hall, an inviting living room, two generously sized bedrooms, a well-equipped kitchen, and a modern bathroom.

    The property is currently tenanted at £550 per month, generating an impressive annual income of £6,600. This translates to a remarkable yield of 10%, making it a perfect turn-key investment opportunity for investors seeking immediate cash flow.

    Nestled in a sought-after buy-to-let location, this property is an ideal purchase for astute investors looking for an affordable rental income vehicle.

    Situated in a prime location, the property offers tremendous potential for capital and rental income growth over time. It's perfect for those looking to secure immediate cash flow now with fantastic growth prospects in the future.

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

    Excellent sales evidence in the area:

    **Flat 2/3, 29 Union Street, Montrose DD10 8PZ sold for £82,000, 53f Union Street, Montrose DD10 8PZ sold for £100,000, 57 Union Street, Montrose DD10 8PZ sold for £91,000.**

    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 vibrant coastal town in Angus, Scotland. Known for its picturesque setting along the North Sea, Montrose boasts stunning beaches, a historic town centre, and a thriving community. With excellent transport links to nearby cities, it is a sought-after location for both residents and investors.

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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)

£12,500

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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.