57 The Maltings, Montrose, DD10 8PE

Description

• PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Montrose. Home report £55,000.

• **154e, High Street, Montrose DD10 8JB sold for £131,500, Flat A/1, 16, India Street, Montrose DD10 8PG sold for £102,000, Flat 2/3, 29, Union Street, Montrose DD10 8PZ sold for £82,000.**

• This property offers a lucrative opportunity for potential investors, with the potential to achieve a rental income of £650 to £700 per month, translating to a substantial £7,800 to £8,400 per annum. This equates to a remarkable rental yield of 16% to 17% based on the guide price.

• For the astute investor, this flat presents a perfect opportunity to enhance value over time, promising both capital growth and increased rental returns in the long term.

• Situated in a vibrant locality, the flat is in excellent condition and boasts great local amenities and transport links, making it an ideal option for young professionals or students aiming to step onto the property ladder. Ready to move in.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Montrose. Home report £55,000.

The property comprises a welcoming hallway, a spacious lounge area perfect for relaxation, a well-equipped kitchen ideal for culinary adventures, a cosy bedroom, and a modern bathroom.

This property offers a lucrative opportunity for potential investors, with the potential to achieve a rental income of £650 to £700 per month, translating to a substantial £7,800 to £8,400 per annum. This equates to a remarkable rental yield of 16% to 17% based on the guide price.

For the astute investor, this flat presents a perfect opportunity to enhance value over time, promising both capital growth and increased rental returns in the long term.

Situated in a vibrant locality, the flat is in excellent condition and boasts great local amenities and transport links, making it an ideal option for young professionals or students aiming to step onto the property ladder. Ready to move in.

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 DD10 8JB sold for £131,500, Flat A/1, 16, India Street, Montrose DD10 8PG sold for £102,000, Flat 2/3, 29, Union Street, Montrose DD10 8PZ sold for £82,000.

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

Nestled on the east coast of Scotland, Montrose is renowned for its stunning landscapes, featuring sandy beaches and scenic countryside. The town boasts a rich history, with charming architecture and cultural landmarks. Its strategic location offers easy access to major cities, making it a desirable place for both living and investment.

Map

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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.