6 Piccadilly, Montrose, DD10 8TH

Description

• PRIME NEW LISTING. We are excited to present this vacant 1-bed terraced bungalow located within a prime location in Montrose.

• Sales Evidence:**1 Piccadilly, Montrose DD10 8TH Previously sold for £134,000. 3 Piccadilly, Montrose, DD10 8TH previously sold for £125,000.**

• With a potential rental income of £695-£850pcm (£8,340-£10,200 per annum), this property offers an impressive yield of 9.8-12% compared to the guide price, making it an enticing opportunity for investors seeking substantial returns.

• This bungalow could serve as an exceptional serviced accommodation option, with potential rates in the area of £110-145 per night, leading to an annual income of £28,105-£37,047 based on a 70% occupancy rate.

• Perfect for both investors and first-time buyers, this charming cottage is ready for personalisation. Transform it into your dream home, providing a unique canvas that reflects your individual style.

PRIME NEW LISTING. We are excited to present this vacant 1-bed terraced bungalow located within a prime location in Montrose.

The property comprises a spacious bedroom, a well-equipped kitchen, a cosy living room, a modern bathroom, and convenient external storage space.

With a potential rental income of £695-£850pcm (£8,340-£10,200 per annum), this property offers an impressive yield of 9.8-12% compared to the guide price, making it an enticing opportunity for investors seeking substantial returns.

This bungalow could serve as an exceptional serviced accommodation option, with potential rates in the area of £110-145 per night, leading to an annual income of £28,105-£37,047 based on a 70% occupancy rate.

Perfect for both investors and first-time buyers, this charming cottage is ready for personalisation. Transform it into your dream home, providing a unique canvas that reflects your individual style.

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:**1 Piccadilly, Montrose DD10 8TH Previously sold for £134,000. 3 Piccadilly, Montrose, DD10 8TH previously sold for £125,000.**

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 nestled in the northeast of Scotland, renowned for its stunning sandy beaches and natural beauty. The town offers a rich tapestry of history with its vibrant community, delightful shops, and local amenities, providing residents with a perfect blend of scenic tranquillity and convenient modern living.

Map

Need help funding this purchase?

Virtual Tour

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.