Flat for sale in 29, Montrose Street, Brechin DD97Bx DD9

** sale by auction - 16 May 2024 - Timed Online Auction **

Vacant ground floor studio flat within then centre of Brechin. Lovely gardens. Traditional Flat, Well presented internally. Discounted from open market value to ensure auction sale. Comprises: Open plan lounge with kitchen and bedroom. Bathroom. Well maintained rear gardens (as pictured). Ground Floor Flat situated in great central location of popular commuter town of Brechin. Sure to appeal to buy to let investors looking for A project with excellent capital growth and rental yield potential. Expected rental yield at guide price of 21% - 24%. Property has excellent potential and would suit a buy to let landlord looking for an easy project that would be a sure addition to their portfolio - Brechin sits on the banks of the River South Esk, a Historic town and former Royal Burgh of Angus. Brechin Town Houses and Museum Houses tell the city’s story of the last 2000 years and The Caterthuns where you can see remains of iron-age hill forts. Capital growth potential. Property may require some renovation in order to reveal its true potential. Once renovated the property would attract a month rental of £350-£400. Local sales: 160 Montrose Street, Brechin, Angus, DD9 7DZ sold for £50,000 June 2021,107b Montrose Street, Brechin, Angus, DD9 7DG sold for £68,500 November 2019.

Brechin is an attractive market town of interesting architecture famous for its cathedral and its round tower. There is a high school and library. A railway station can be found in Montrose, approximately twelve miles distant. The A90 to Aberdeen passes approximately two miles from Brechin making it suitable for the commuter to Aberdeen. For those wanting leisure pursuits, Brechin has its own golf course and there is fishing on the North Esk. Brechin is ideally placed for easy access to A90 dual carriageway linking Dundee to Aberdeen. Montrose Street is on the south side of the pretty town of Brechin and close to shops, schools and public transport. The town is close to the A90 giving easy access to other towns and cities. Dundee is a 30 minute drive to the south whilst Aberdeen is under an hour to the north.

Auction Details
16 May 2024,10am-3pm
Timed Online Auction

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