1 Park Place, Brechin, Angus, DD9 7BA
- 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
- £25,000 Below Home Report Value
- Potential Airbnb Revenue of £24,000 Per Year
- Close to Hospital, Schools and A90 Transport Links
Description
Town & Country Property Auctions presents a spacious 2-bed ground floor flat £25,000 below Home Report with £22,000 annual rental potential in the heart of Brechin!
Description
£25,000 Below Home Report Value
1 Park Place, Brechin, DD9 7BA
2 Bedroom Ground Floor Flat
Guide Price: £90,000
Home Report: £115,000
Income Potential
Long-Term Rental:
Approx. £650 PCM (£7,800 per year)
Short-Term Let / Airbnb:
Approx. £22,000 per year
(57% Occupancy ADR £106)
The Opportunity
An excellent opportunity to acquire a well-positioned ground floor flat in Brechin at a significant discount to Home Report Value. Located close to Brechin Community Hospital, Brechin High School, local shops, supermarkets and leisure facilities, the property also benefits from easy access to the A90, providing direct routes to Dundee and Aberdeen. Nearby attractions including Brechin Cathedral, the Caledonian Railway and the Angus Glens support strong demand from both long-term tenants and short-term accommodation guests.
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
Pre Auction Offers Are Considered
The seller is open to considering pre-auction bids, providing interested purchasers with the opportunity to secure the property before the auction date. Any acceptable offer received may result in the property being sold prior to auction, offering a keen buyer the chance to guarantee their purchase and avoid competitive bidding on auction day.
Brochures
Legal DocumentsOnline Bidding- 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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Energy performance certificate - ask agent
1 Park Place, Brechin, Angus, DD9 7BA
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Visit our security centre to find out moreDisclaimer - Property reference 355079. 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 Town & Country Property Auctions Scotland, Glasgow. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions Scotland, Glasgow on 0141 673 5679.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.