2 bedroom flat for sale

Tenanted 2 bedroom buy-to-let investment in Montrose with a current yield of 10.6%. This second floor property comprises an entrance hall, livingroom, two bedrooms, kitchen, and bathroom. The property benefits from having gas central heating, partially double glazed, upper floor attic, a town centre location, and being fully compliant for the rental market.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since September 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £7,200 which represents an immediate yield of 12%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £68K.

Montrose is a historic town in Angus with a population of approximately 12,000. The town is situated 26 miles north of Dundee and 34 miles south of Aberdeen. The property benefits from a range of excellent amenities in the town centre as well as being only a 5 minute walk to the train station.