70B, C & D High Street, Montrose, Angus 1 bed property for sale

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70B, C & D High Street, Montrose, Angus 1 bed property for sale

70B, C & D High Street, Montrose, Angus
£60,000

Price History

Initial price £65,000
18/02/25 £60,000
Price Change -7.69%

Description

This investment portfolio consists of three one-bedroom flats located in the central area of Montrose, Angus. The flats are situated on the second, third, and attic floors of a block with commercial premises on the ground floor, and each has its own unique layout. Flats B and C have a front-facing lounge with a kitchen off, a bedroom to the rear, and a shower room, while Flat D has a large open-plan lounge/kitchen, a bedroom, and a shower room. All three flats are currently tenanted and offer immediate rental income, with rental yields ranging from £335 to £385 per month. The town of Montrose is a popular location, with a strong economy driven by industries such as agriculture, oil, and gas, and a range of amenities including a mainline railway station, hospital, and supermarkets. The property is an ideal addition to an existing rental portfolio or a great first step for those looking to start building their own portfolio.