One-Bedroom Flat In Historic Building

The property comprises a self-contained second-floor flat within a three-storey end-terraced building, dating approximately from 1890. It features one bedroom, a bathroom with a WC, a living room, a kitchen, and a hallway. The flat benefits from gas central heating (GCH) and double glazing. The mains gas supply is installed, with the meter located in the bedroom. Externally, there is a shared yard and garden to the rear of the property. The EPC rating is Band C. Brechin is a popular Angus town with a full range of amenities, including primary and secondary schooling. The property is situated in a mixed residential and commercial area, close to the A90 bypass, facilitating easy commuting to Dundee and Aberdeen. J&E Shepherd RICS Home Report valuation is £40,000. The property is tenanted, with the tenant in occupation since 2012, paying £270 per month, resulting in a gross annual income of £3,240. This property is suitable for buy-to-let investors seeking a project with potential for capital growth and rental yield. The expected rental yield at the guide price is estimated between 21%-24% per annum.