£240,000 Guide price
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.
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