Union Street, Montrose, DD10

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Buy-to-let Investment
- Tenanted & fully compliant
- 2 Bedrooms
- Home Report £65,000
- Current rental £380pm
- Current yield 8.3%
- 57 sq m
- EPC rating E
- Unfurnished let
Description
Situated within the coastal town of Montrose, this first-floor flat offers an attractive buy-to-let investment opportunity with well-proportioned accommodation and strong appeal to a broad range of tenants. Located within a two-storey detached block containing four flats in total, the property was built circa 1955 and extends to approximately 57 sq m. The accommodation comprises an entrance hall, lounge, kitchen, bathroom, and two bedrooms. The property benefits from timber casement double-glazed windows, electric storage/panel heating, and domestic hot water supplied via an electric immersion system. The practical layout, manageable size, and established residential location make this an appealing option for investors seeking a straightforward addition to their portfolio.
The property is being sold with the tenants in situ as a buy-to-let investment. The tenants have been resident since September 2019 and are currently paying £380pm. The property is let unfurnished. The Home Report value is £65,000, and the EPC rating is E.
Montrose continues to attract buy-to-let investors due to its affordable property prices, strong local tenant demand, and attractive coastal setting. The town benefits from a diverse local economy, supported by the energy, engineering, healthcare, and service sectors, while excellent rail and road links provide convenient access to Aberdeen and Dundee. Compared to Scotland's larger cities, Montrose offers investors a lower entry point while still providing the opportunity for attractive rental yields. The town's ongoing popularity with local residents and commuters, combined with its coastal amenities and established infrastructure, makes it an appealing location for those seeking dependable rental income and long-term investment potential.
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Union Street, Montrose, DD10
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Visit our security centre to find out moreDisclaimer - Property reference 30139012. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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