Block of flats for sale in B, C & D High Street, Montrose, Angus DD10, £240,000

240,000.00

Offer Nr.:
66660372
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Auction House Scotland
Phone(s):
0141 376 8754

* Freehold
* Fantastic portfolio opportunity of four apartments
* Massive 36% discount against cumulative hr valuations
* Ideal for long term rental or serviced accommodation
* Central Montrose location
Four flats in same block
New to auction is this fantastic opportunity to purchase a portfolio of four x
two bedroom apartments in the same block, centrally located in the Angus town
of Montrose, approximately half way between Aberdeen to the north and Dundee
to the south west. Each of the apartments has been refurbished to a high
standard throughout and would be ideal for either long term rental or serviced
accommodation investors (subject to licensing/planning). The competitive Guide
Price offers a massive 36% discount against cumulative Home Report valuations,
and lha rental figures offer a potential rental yield of 10% at Guide Price,
with even greater returns potentially available in the currently strong rental
market. Early viewing is essential to fully appreciate the value on offer.
Council Tax Bands for 79 a, c & d : A. Council Tax Band: 79b: B.
Montrose is a coastal town in Angus, renowned for its historical heritage and
cultural attractions. A range of facilities is on offer including a museum, an
art gallery, a golf course, a sports centre, a swimming pool and a cinema, and
also a variety of shops, cafes, restaurants and pubs. Montrose is well
connected by transport links, with a railway station that offers regular
services to Aberdeen, Dundee and Edinburgh. There are also bus routes that
connect Montrose to nearby towns and villages. Montrose has a harbour that
serves as a base for fishing and offshore industries, as well as a tourist
attraction.
**Purchaser notes**
Please note that these particulars have been prepared by us on the basis of
information provided by our client. If there is any aspect of these
particulars that you wish clarified or that you find misleading please contact
the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services,
fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in
these details.
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