Property for sale

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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 fantastic rental investment portfolio in Montrose, Angus, comprises three one-bedroom flats, each with its own unique features. The flats are located in the same block, with commercial premises on the ground floor, and are situated in a central location, making them an attractive option for commuters. The properties are in good overall condition and are currently tenanted, offering immediate rental income to the new owner. The rental income for each flat is £385, £360, and £335 per month, respectively, which translates to a current rental yield of 20% if purchased at the guide price. The town of Montrose has a thriving business sector, a mainline railway station, and a range of leisure facilities, making it an ideal location for a rental portfolio. The properties are being sold with no warranties or guarantees regarding the condition of the buildings, services, fixtures, and fittings, and potential buyers are advised to make their own inspections and tests.