£54,995

Portolio

Union Street, Montrose, DD10 8PY

Property key facts

  • Bedrooms

    2
  • Bathrooms

    1
  • Internal area

  • Property type

    Flat
  • Year built

    Ask Agent

Key facts

  • Buy-to-let Investment
  • Tenanted & fully compliant
  • 2 Bedrooms
  • Home Report £65,000
  • Current rental £380pm
  • Current yield 8.3%
  • 57 sq m
  • EPC rating E
  • Unfurnished let

Property description

Additional text is available below.

Situated within the coastal town of Montrose, this first-floor flat offers an attractive buy-to-let investment opportunity with well-proportioned accommodation and strong appeal to a broad range of tenants. Located within a two-storey detached block containing four flats in total, the property was built circa 1955 and extends to approximately 57 sq m. The accommodation comprises an entrance hall, lounge, kitchen, bathroom, and two bedrooms. The property benefits from timber casement double-glazed windows, electric storage/panel heating, and domestic hot water supplied via an electric immersion system. The practical layout, manageable size, and established residential location make this an appealing option for investors seeking a straightforward addition to their portfolio.

The property is being sold with the tenants in situ as a buy-to-let investment. The tenants have been resident since September 2019 and are currently paying £380pm. The property is let unfurnished. The Home Report value is £65,000, and the EPC rating is E. 

Montrose continues to attract buy-to-let investors due to its affordable property prices, strong local tenant demand, and attractive coastal setting. The town benefits from a diverse local economy, supported by the energy, engineering, healthcare, and service sectors, while excellent rail and road links provide convenient access to Aberdeen and Dundee. Compared to Scotland's larger cities, Montrose offers investors a lower entry point while still providing the opportunity for attractive rental yields. The town's ongoing popularity with local residents and commuters, combined with its coastal amenities and established infrastructure, makes it an appealing location for those seeking dependable rental income and long-term investment potential. 

Brochures

Property Location

Union Street, Montrose, DD10 8PY

Nearest stations

Nearest schools

Utility supply

  • Electricity

  • Water

  • Heating

  • Sewerage

Private rights of wayNo
Public rights of wayNo
Listed propertyNo
RestrictionsNo

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