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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
House
£155,000
2 years ago
27, Montrose Street, DD9 7BX 0.0 mi
House
£39,500
1 year ago
10, Albert Place, DD9 7DJ 0.0 mi
Flat
£90,000
4 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 450 sq ft

This traditional 1-bedroom ground floor flat in central Brechin was valued by examining local market evidence for similar flats on Montrose Street. The property is presented in fair internal condition (scored 6/10) with traditional features and shared garden space. Floor area is estimated at 450 sq ft, and pricing reflects its current tenanted investment status generating £399 per month.

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