Studio Flat For Sale £240,000
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.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. 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. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Auction House Scotland 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.
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.
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.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. 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. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Auction House Scotland 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.
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.
