1 bedroom flat for sale

Prime Property Auctions is excited to present this exceptional 1 Bed Flat located within a prime location in Kirriemuir - Guide price £50,000*47, Hill Rise, Kirriemuir, Angus, DD8 4JR Previously sold for £115,000.12, Orchard Brae, Kirruiemuir, Angus, DD8 4JY Previously sold for £311,500. 18, Kinnordy road, Kirriemuir, Angus, DD8 4JL Previously sold for £280,000*Once fully renovated, the property would attract a monthly rental of £425- £475 per calendar month (£5,100 - £5,700 p/a)  which could provide an excellent 10-11% Gross yield.Sure to appeal to shrewd investors looking for an easily lettable flat in a sought after buy to let location with excellent capital growth potential. - *GREAT OPPORTUNITY TO ADD VALUE*Property is located near a whole host of local amenities including many popular coffee shops, bars and restaurants.

 



Prime Property Auctions New Entry. Prime Property Auctions is excited to present this exceptional 1 Bed Flat located within a prime location in Kirriemuir - Guide price £50,000



Property Comprises: Entrance hallway, living room, kitchen, bathroom, large double bedroom, spacious attic bedroom. Property has room for ample storage space throughout. 



Rarely available Auction property. Fantastic yield of 10 -11% after renovation iif achieved for Guide price of £50,000 Property would attract a monthly rental of £425 - £475 per calendar month. This would generate an annual income of £5,100 - £5,700.



Prime Opportunity for Owner occupiers and Property investors looking for a property in an excellent location. Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property.



Brilliant investment 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 area has seen some great sales recently showing that there is strong demand.



Local sales evidence:



*47, Hill Rise, Kirriemuir, Angus, DD8 4JR Previously sold for £115,000.12, Orchard Brae, Kirruiemuir, Angus, DD8 4JY Previously sold for £311,500. 18, Kinnordy road, Kirriemuir, Angus, DD8 4JL Previously sold for £280,000*



Excellent Development/Refurbishment Opportunity. Property is ready for builder/investor/developer to bring to life.



Property has a Guide price of £50,000 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:



 



Kirriemuir is a charming town located in the heart of the county of Angus. It is ideally situated for straightforward access to the Angus Glens as well as the A90 dual Carriageway linking to Forfar, Aberdeen, Dundee and the central belt. The town has a full range of shopping amenities and supermarkets with schooling catered for at both primary and secondary levels.