BIDDING OPENS in...
Map   Street View   Satellite

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

INVESTMENT OPPORTUNITY TENANTED 3 Bedroom terraced house in the centre of Brechin. Provides an immediate income of £10,800 per annum. Easily Let property located in an area of high rental demand.

SUPERB TENANTED INVESTMENT providing £900pcm (£10,8000 per annum) EXCLLENT 13% YIELD IFachieved for current guide price. EXCELLENT INVESTMENT PROPERTY SUIT SHREWD INVESTOR.

Property consists of:- lounge, dining kitchen, bathroom, utility room, rear porch and floored attic. Further benefits from partial double glazing, gas central heating and rear garden. EPC - C

LOCAL SALES EVIDENCE:- 23, Montrose Street, 3 bed, £155,000 Jan 2024; 18, Denbrae Cottage, £280,000 Sep 2023; 1, The Old School, £120,000 Dec 2023; 3 Martins Lane, 3 bed, £112,000 Jan 2024.

The A90 Aberdeen/Dundee dual carriageway is in easy reach with Aberdeen just 40 minutes approximate drive time, Dundee 40 minutes and Montrose 15 minutes.

INVESTMENT OPPORTUNITY TENANTED 3 Bedroom terraced house in the centre of Brechin. Provides an immediate income of £10,800 per annum. Easily Let property located in an area of high rental demand. Property benefits from being close to local amenities, schools and shops with parking nearby. SUPERB TENANTED INVESTMENT providing £900pcm (£10,8000 per annum) EXCLLENT 13% YIELD IFachieved for current guide price. EXCELLENT INVESTMENT PROPERTY sure to be in demand and would suite SHREWD INVESTOR. Property consists of:- lounge, dining kitchen, bathroom, utility room, rear porch and floored attic. Further benefits from partial double glazing, gas central heating and rear garden. EPC - C This traditional terraced townhouse offers exceptional value on todays market and will appeal to family home purchasers. In immaculate order it comprises lounge with open fire, large dining kitchen, utility room and rear porch on the ground floor; upstairs there are 3 bedrooms and the family bathroom. In addition there is a large floored attic that offers potential. It benefits from gas central heating and partial double glazing for comfort in the Winter. There is an easily kept garden to the rear and parking is available in close proximity. Extras All carpets, curtain rails, the gas hob, electric oven, fridge and freezer are included in the sale. Attic - There is a large floored attic for storage and possible conversion. Garden - Totally enclosed rear garden that is laid in grass with a drying area and bin storage area.

Brechin sits on the banks of the River South Esk, a Historic town and former Royal Burgh of Angus. Brechin Town Houses and Museum Houses tell the city’s story of the last 2000 years and The Caterthuns where you can see remains of iron-age hill forts. On Sundays during the summer, the Caledonian Steam Railway carries passengers between the Victorian stations at Brechin and close by Bridge of Dun. Brechin Castle and visitor centre is situated just off the A90. Brechin Community Campus is in a central location, this is where the secondary school, as well as the sports and leisure facilities, are based. This modern built facility hosts a range of activities from a pool, a climbing wall, gym and various fitness classes suitable for all ages. The A90 Aberdeen/Dundee dual carriageway is in easy reach with Aberdeen just 40 minutes approximate drive time, Dundee 40 minutes and Montrose 15 minutes. Ideal for commuters and with regular buses to both Dundee and Montrose. The nearest train stations are Montrose or Laurencekirk each approximately 15 minutes, drive by car.

Full Address: 110 High Street Tenanted Investment, Brechin, Angus, DD9 6HE

Show More

Plans

110  High Street Tenanted Investment  Brechin, Angus

Click to Enlarge Floorplan Image

Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Rollng
Rent: £10,800 per year / £900 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £102,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

Similar Properties


Lot 261
£94,000 OPENING BID
  • Modern, Fully equipped, 2 bedroom Pemberton Rivington Lodge in fantastic location on Stew...
Lot 173
£166,000 OPENING BID
  • BUY TO LET OPPORTUNITY detached Bungalow in Carmyllie, Arbroath. Property provides an imm...