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No longer on the market

This property is no longer on the market

1 bedroom flat

Auction
Flat
1 bed
387 sq ft / 36 sq m
EPC rating: E
Added > 14 days

Key information

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 28 November 2024
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.

Auction Details
28 November 2024, 10am-3pm
Timed Online Auction

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About this agent

Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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