£190,000 Guide price
Fantastic opportunity to purchase this portfolio of one bedroom flats situated in the Town of Montrose making the perfect investment opportunity for a buy to let investor. Four of the properties are currently tenanted with an income of £350pcm per flat with two of the flats becoming vacant recently. The properties are being sold due to the owners impending retirement. The portfolio offers a rental yield of over 13% at the guide price. The addresses are as follows:
St Johns Place, DD10 8JU – one bedroom first floor flat comprising: lounge, kitchen, bedroom, shower room and benefits from electric heating and double glazing - Vacant
St Johns Place, DD10 8JU - one bedroom ground floor flat comprising: lounge, kitchen, bedroom, shower room and benefits from electric heating and double glazing – Tenanted at £350pcm
Victoria Street, DD10 8JR - one bedroom ground floor flat comprising: lounge, kitchen, bedroom, shower room and benefits from electric heating and double glazing - Vacant
Union Street, DD10 8PZ - one bedroom ground floor flat comprising: lounge open plan to kitchen, bedroom, shower room and benefits from electric heating, double glazing and communal garden – Tenanted at £350pcm
Union Street, DD10 8PY - one bedroom ground floor flat comprising: lounge open plan to kitchen, bedroom, shower room and benefits from electric heating, double glazing and private garden – Tenanted at £350pcm
Hill Street, DD10 8AY - one bedroom ground floor flat comprising: lounge open plan to kitchen, bedroom, shower room and benefits from electric heating and double glazing – Tenanted at £350pcm.
Please note the vendor is willing to sell individual units if a buyer is interested, contact the office for further information. Arrange a viewing now to be sure not to miss out.
Montrose is a picturesque seaport town and has an excellent range of local services for its residents, including a variety of shops, health & sports centres, museum, library, swimming pool and the beautiful beach. Montrose is located midway between the cities of Dundee and Aberdeen on the East coast and is serviced by the main East Coast railway line making it ideal for commuters to locate. Montrose railway station is less than a ten-minute walk. Bus and rail link the cities as well as easy road travel access to the surrounding Angus and Aberdeenshire towns. Aberdeen and Dundee cities are approximately 45 minutes driving time. Southesk Primary School and Montrose Academy are both within walking distance from Union Street.
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.
This material is protected by the laws of copyright. The owner of the copyright is National Property Auctions Limited trading as National Property Agents. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
National Property Auctions Limited trading as National Property Agents are revolutionising the sale of property in Scotland. Remember, if you are buying a property which is being sold by National Property Auctions Limited trading as National Property Agents you will normally be responsible for payment of a Buyer's Premium of 1% of the purchase price subject to a minimum of £3000 including VAT. More details can be obtained on application.
National Property Auctions Limited trading as National Property Agents are registered with HMRC and carry out due diligence on all of our clients, please ask for more information on identification required prior to entering into a contract. Should an electronic Veriphy be necessary, a cost of £10 inc VAT is payable prior to application, more information on request.
Cybercrime Warning: Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.
If a property value displays '0', don't worry it just means no properties have been sold in that area during that time.
Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact email@example.com.
Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.
If you have noticed any incorrect information, please contact firstname.lastname@example.org.