1 bedroom flat for sale

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.