Six-bedroom investment property in Montrose

This unique investment property comprises six bedrooms, featuring four short-term letting licensed rooms alongside an owner-occupier two-bedroom flat, situated within a prime location in Montrose. The accommodation provides six spacious bedrooms offering ample accommodation flexibility. Currently holding a license for four short-term letting rooms, the property offers additional potential with the opportunity to extend this license to the two-bedroom owner-occupied flat, subject to Angus Council approval. The property benefits from a lucrative contract with Dundee University for the top flat, generating an impressive £2,000 per month in rental income for six months. Sales evidence in the immediate area includes Flat 4, 8 Wharf Street, which sold for £70,000 in 2022, and 29C Wharf Street, which sold for £106,500 in 2022. Montrose is a charming coastal town in Scotland known for its rich heritage, picturesque landscapes, and vibrant community, offering a blend of historic charm and modern amenities for residents and visitors alike.