6 Ramsay Street, Montrose, DD10 8BS

Description

PRIME NEW LISTING. We are excited to present this vacant ground floor main door flat located within a prime location in Montrose.HOME REPORT £105,000

• **99a, Bridge Street, Montrose DD10 8AJ sold for £130,000 in Apr 2024**, **20, Commerce Street, Montrose DD10 8BW sold for Jan 2019**

• An exceptional investment opportunity awaits. As serviced accommodation (subject to gaining necessary planning consents), at 70% occupancy, the property could achieve £2,980 PCM (£37,770 P/A), providing an impressive gross yield of 32.5% based on the guide price. With a home report valuation of £105,000, this is an unmissable chance for investors.

• This property will be sold vacant and is in impeccable walk-in condition, making it perfect for first-time buyers or families seeking a new home without the hassle of renovations. Move in and feel at home immediately with this hassle-free purchase.

• Located near a host of local amenities, including parks, restaurants, and coffee shops, this property also benefits from its proximity to schools and convenient public transport links, ensuring everything you need is within easy reach. Enjoy the balance of community and accessibility.

PRIME NEW LISTING. We are excited to present this vacant ground floor main door flat located within a prime location in Montrose.

The property comprises a welcoming hallway, a spacious lounge with an open plan well-equipped kitchen, three generously sized bedrooms, and a modern bathroom.

An exceptional investment opportunity awaits. As serviced accommodation (subject to gaining necessary planning consents), at 70% occupancy, the property could achieve £2,980 PCM (£37,770 P/A), providing an impressive gross yield of 32.5% based on the guide price. With a home report valuation of £105,000, this is an unmissable chance for investors.

This property will be sold vacant and is in impeccable walk-in condition, making it perfect for first-time buyers or families seeking a new home without the hassle of renovations. Move in and feel at home immediately with this hassle-free purchase.

Located near a host of local amenities, including parks, restaurants, and coffee shops, this property also benefits from its proximity to schools and convenient public transport links, ensuring everything you need is within easy reach. Enjoy the balance of community and accessibility.

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:

**99a, Bridge Street, Montrose DD10 8AJ sold for £130,000 in Apr 2024**, **20, Commerce Street, Montrose DD10 8BW sold for Jan 2019**

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 known for its picturesque landscapes, vibrant community, and historic architecture. Offering an idyllic blend of natural beauty and modern convenience, Montrose provides excellent amenities, schools, and transport links, making it a desirable location for families and investors alike.

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.