* 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.
* 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. Lovely gardens and communal areas.
* 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%.
* Brechin is a popular Angus town boasting a full range of amenities including both primary and secondary schooling, local shopping and frequent public transport links within Angus.
** sale by auction - 16 November 2023 - Timed Online Auction **
enhanced terms offered on this lot. . .
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
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 November 2023, 10am - 3pm
Timed Online Auction
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