Initial price	£30,000
11/01/25	£37,000
18/01/25	£28,000
25/01/25	£37,500
01/02/25	£29,000
08/02/25	£37,500
15/02/25	£29,000
22/02/25	£37,500
01/03/25	£29,000
08/03/25	£37,000
15/03/25	£28,000
05/04/25	£29,000
12/04/25	£11,000
23/04/25	£37,000
26/04/25	£28,000
Price Change	-6.67%

This second-floor flat in Brechin, Angus, is a self-contained property with a hallway, kitchen, living room, bedroom, and bathroom with WC. The flat, which dates back to around 1890, has a mains gas supply and is double-glazed, with central heating. The property has been tenanted since 2012, with a current rent of £270 per month, generating a gross annual income of £3,240. The shared yard and garden to the rear of the property offer outdoor space. With an EPC rating of Band C, this flat is expected to appeal to buy-to-let investors seeking a project with excellent capital growth and rental yield potential, with an estimated rental yield of 21%-24% per annum. The property will be auctioned online on May 15, 2025, with bidding open from 10am-3pm.