1 Bed Flat For Sale

** SALE BY AUCTION - 15 May 2025 - Timed Online Auction **

J&E Shepherd RICS Home Report £40,000 (FORTY THOUSAND POUNDS STERLING). Rental - Tenant in place since 2012. The rent is currently £270 per month so the gross annual income amounts to £3,240. SECOND FLOOR FLAT - Hallway, Kitchen, Living Room, Bedroom and Bathroom with WC. The property dates from 1890 approximately. Mains gas supply is installed. The meter is located within the bedroom. The subjects comprise a self contained second floor flat in a three storey end terraced building. Tenanted ONE Bedroom Flat. Tenant has been in occupation since 2012. Features GCH and Double Glazed. Garden - Shared yard and garden to the rear of the property. EPC Rating - Band C. Brechin is a popular Angus town boasting a full range of amenities including both primary and secondary schooling. 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% PER ANNUM.

Brechin sits on the banks of the River South Esk in Angus, and enjoys convenient location just off the main A90 dual carriageway between Dundee to the south and Aberdeen to the north. The town offers a variety of retail and leisure facilities, with a greater range available in nearby Montrose. The nearby A90 makes Brechin ideal for commuters, and train stations are available at Montrose and Laurencekirk, each being less than 12 miles from the property. Brechin is an historic market town, with city status due to it's Cathedral. The town is located in north-east Scotland and lies some 20 miles north-east from Dundee and 40 miles south-west from Aberdeen; the A90 Brechin by-pass allows for ease of commuting to these destinations. There are good local shopping, social and educational facilities within the town with additional services available in Forfar approximately 10 miles south.

Auction Details
15 May 2025, 10am-3pm
Timed Online Auction

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