36 A&B Wharf Street, Montrose, DD10 8BD
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Opening Bid
£175,000
36 A&B Wharf Street, Montrose, DD10 8BD
Excellent Service Accommodation Opportunity
Description
**36 A&B Wharf Street, DD10 8BD**
- PRIME NEW LISTING. We are excited to present this unique property made up of six bedrooms, with four short-term letting licensed rooms and an owner-occupier two-bedroom flat located within a prime location in Montrose.
- Sales Evidence: **Flat 4, 8 Wharf Street sold for £70,000 in 2022. 29C Wharf Street sold for £106,500 in 2022.**
- This property is sure to appeal to shrewd investors looking to capitalise on short-term letting opportunities in a sought-after area.
- Currently holding a license for four short-term letting rooms, this property offers additional potential with the opportunity to extend this to the two-bedroom owner-occupied flat, subject to Angus Council approval.
- The property is benefiting from a lucrative contract with Dundee University for the top flat, generating an impressive £2,000 per month in rental income for six months.
PRIME NEW LISTING. We are excited to present this unique property made up of six bedrooms, with four short-term letting licensed rooms and an owner-occupier two-bedroom flat located within a prime location in Montrose.
The property comprises six spacious bedrooms, providing ample accommodation flexibility.
This property is sure to appeal to shrewd investors looking to capitalise on short-term letting opportunities in a sought-after area.
Currently holding a license for four short-term letting rooms, this property offers additional potential with the opportunity to extend this to the two-bedroom owner-occupied flat, subject to Angus Council approval.
The property is benefiting from a lucrative contract with Dundee University for the top flat, generating an impressive £2,000 per month in rental income for six months.
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:
Flat 4, 8 Wharf Street sold for £70,000 in 2022. 29C Wharf Street sold for £106,500 in 2022.
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 rich heritage, picturesque landscapes, and vibrant community. It offers a perfect blend of historic charm and modern amenities, providing a wonderful lifestyle for residents and an attractive destination for visitors.
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How to buy at auction
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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.