1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to present a rare 1 Bedroom flat within a prime location in Montrose - Guide price £30,000
- *93a, High Street, Montrose, Angus DD10 8QY previously sold for £140,000, 81, High Street, Montrose, Angus DD10 8QY previously sold for £130,000 *
- For rental purposes the property could attract a monthly rental figure of £400-475 per month ( £4,800 - £5700 p/a ) once renovated to a habitable standard - *POTENTIALLY HIGH YIELDING INVESTMENT
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home to put their own stamp on.
- Property is being offered at a discount to ensure Auction sale - *Guide price £30,000* - Local sales evidence shows that there is great capital growth potential.
- Prime Property Auctions is excited to present a rare 1 Bedroom flat within a prime location in Montrose - Guide price £30,000
- *93a, High Street, Montrose, Angus DD10 8QY previously sold for £140,000, 81, High Street, Montrose, Angus DD10 8QY previously sold for £130,000 *
- For rental purposes the property could attract a monthly rental figure of £400-475 per month (£4,800 - £5,700) once renovated to a habitable standard - *POTENTIALLY HIGH YIELDING INVESTMENT*
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home to put their own stamp on.
- Property is being offered at a discount to ensure Auction sale - *Guide price £30,000* - Local sales evidence shows that there is great capital growth potential.
Prime Property Auctions is excited to present a rare 1 Bedroom flat within a prime location in Montrose - Guide price £30,000
Property comprises: Entrance Hallway, Lounge, Kitchen, Bedroom and Bathroom. Property also benefits from ample storage throughout, on street parking and well kept communal areas. Property is currently uninhabitable and will require a degree of renovation prior to habiataion.
Property is ripe for renovation and will benefit greatly from from a degree of renovation with room for fantastic value to be added. Sure to appeal to investors looking for BRRR and development opportunities.
For rental purposes the property could attract a monthly rental figure of £400-475 per month once renovated. this would provide an annual gross income of £4,800 - £5,700. Great yield of 16- 19% if achieved for guide price
*POTENTIALLY HIGH YIELDING INVESTMENT*
Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home to put their own stamp on.
Property is being offered at a discount to ensure Auction sale - *Guide price £30,000* - Local sales evidence shows that there is great capital growth potential.*93a, High Street, Montrose, Angus DD10 8QY previously sold for £140,000, 81, High Street, Montrose, Angus DD10 8QY previously sold for £130,000 *
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £30,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
Potentially high yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 located in Angus, Scotland, overlooking the North Sea. The town is known for its historic architecture, including the 16th-century Montrose Basin, and features a vibrant town centre with shops and restaurants. Montrose Basin serves as a tidal basin and nature reserve, attracting various bird species. Additionally, the town boasts sandy beaches along its coastline, offering a picturesque setting for residents and visitors alike.
Places of interest
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*DISCLAIMER
Property reference 200044927. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 27, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 27, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 7, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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