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One-bedroom flat in central Brechin
Brechin, DD9 - Get Access
1 bed
1 bath
Description
Traditional ground floor flat located in the centre of Brechin, presented in good internal condition. This is a tenanted investment property offered at a discounted price for a quick auction sale. The property is freehold and comprises an open-plan lounge with a kitchen and bedroom, plus a bathroom. It is situated in a great central location within the popular commuter town of Brechin, benefiting from free on-street parking. Brechin is a historic Angus town with a full range of amenities including primary and secondary schooling, local shopping, and frequent public transport links. It sits on the banks of the River South Esk, with local attractions including Brechin Castle and the Museum Houses. Nearby sales include 160 Montrose Street, Brechin, DD9 7DZ for £50,000 in June 2021 and 107b Montrose Street, Brechin, DD9 7DG for £68,500 in November 2019. The property is ideal for buy-to-let investors seeking immediate rental income, with the tenant currently paying £399 per month. The town is conveniently located close to the A90, providing easy access to Dundee (30-minute drive) and Aberdeen (under an hour). Leisure pursuits in the area include a golf course and fishing on the North Esk. The tenant is on a Private Residential Tenancy (PRT) with an annual agreement, paying £4,788 per year, offering an approximate yield of 19%.
Comparable sales
23, Montrose Street, DD9 7BX
0.0 mi
£155,000
27, Montrose Street, DD9 7BX
0.0 mi
£39,500
10, Albert Place, DD9 7DJ
0.0 mi
£90,000
Estimated market value
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Range:
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Medium confidence
Floor Area Estimated: 450 sq ft
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