For Sale By Auction | 14:00, 31 January 2019 | Lot 7

148A, High Street, Montrose, Angus, DD10 8JB

*Guide | £17,000+ (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 31/01/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Viewing Times:

Tue 29 Jan

12:00-12:15

One bedroom flat

This one bedroom flat lies off a lane to the rear of a commercial property fronting onto Montrose High Street. The property offers modern accommodation comprising lounge open to modern kitchen, one bedroom with fitted wardrobe space and modern shower room. The property benefits from gas central heating and double glazing. The central location is convenient for all local amenities and would be an ideal starter flat or rental property.

Tenure

Freehold

Home Report £30,000

Ideal starter flat or buy to let

Convenient town centre location

Excellent 24% potential rental yield

Potential rental value £350pcm at LHA rate / £4,200pa

Area

Montrose is an attractive town approximately mid-way between Dundee and Aberdeen on the north east coast. Facilities in the town include a mainline railway station, hospital, medical centre and supermarkets. There are junior and senior schools approximately half a mile from the property. Over the years Montrose has become popular with commuters to Aberdeen with access via the A90 or A92. For those seeking leisure pursuits, Montrose is well placed for several golf courses including two in the town. There is a sailing club at Montrose basin where there is also a wildlife centre. There are two leisure centres in the town and an indoor swimming pool. Lovely beaches and walks can be found at Lunan and St. Cyrus and the Angus Glens are approximately 20 miles distant.

Comparables

42a Castle Street: Sold £65,000 10/18 2 St.Johns Place: Sold £21,000 09/18 60 castle Street: Sold £30,000 05/18

Local Authority

Angus Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.