GUIDE PRICE

Deadline for Offers

28 October 2021, 3pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 4
  • Council Tax Search SAA

Description

Full Address: 1 Camus Street, Carnoustie, DD7 7PL

4 BEDROOM Masionette (over two levels) with excellent potential for HMO LICENSE (subject to gaining necessary consents). Refurbished throughout and tenanted at £850 PER MONTH - £10,200 per year

*** Prestigious Location *** Comprises: Hallway, large kitchen, 4 bedrooms, lounge and new bathroom. Sought after residential location within School catchment area. Off road parking. Freehold Sale.

SALES: 1a Camus Street, Carnoustie, DD7 7PL previously sold for £191,000. 2A Camus Street, Carnoustie, DD7 7PL previously sold for £208,500. 6 Camus Street, Carnoustie, DD7 7PL sold for £153,000.

Tenants are paying £850 per month and the vendor has a guarantee of £3000 with council for any repairs that may required on exit. Benefits include gas central heating and DG. EPC Rating - Band E.

This property is located only 500 yards from the first tee at The Carnoustie Championship Golf Course and train station. The property has substantial appeal to investors and professional couples.

4 BEDROOM Masionette (over two levels) with excellent potential for HMO LICENSE (subject to gaining necessary consents as landlord). Comprehensively refurbished throughout. Tenants are paying £850 per month (£10,200 PER ANNUM INCOME) and the vendor has a guarantee of £3,000 with Angus Council for any repairs that may required on exit (IMMEDIATE INCOME BEING GENERTAED FROM PROPERTY FOR NEW OWNER). Over Two Levels - The property comprises: Ground floor main door entrance, entrance hallway and two bedrooms. First Floor: Landing, two double bedrooms, lounge, modern dining kitchen and new bathroom. ALL INTERNAL PICTURES RECENTLY UPDATED. Ideal purchase for landlord looking to build/increase size of their portfolio - Benefits include gas central heating and Double Glazing. MONIES PAID DIRECT TO LANDLORD. LOCAL SALES: 1A Camus Street, Carnoustie, DD7 7PL previously sold for £191,000. 2A Camus Street, Carnoustie, DD7 7PL previously sold for £208,500. 6 Camus Street, Carnoustie, DD7 7PL sold for £153,000. Rarely available and individual property in sought after location. Carnoustie is a town and former police burgh in the council area of Angus. Sure to appeal to investor looking for a property with fantastic all year round rental appeal and growth on investment. This property is located only 500 yards from the first tee at The Carnoustie Championship Golf course and train station. The property has substantial appeal to Investors and professional couples. Great Auction Lot. Opportunity not to be missed. Rare to Market

Situated on Scotland’s East Coast approximately ten miles north of Dundee, the township of Carnoustie is well known for its sandy beach frontage and a favourite destination for leisure pursuits, the shallow bay suitable for canoeing, sailing and yachting. Renowned originally as a holiday resort, the town has many lively businesses stretching along its main street including coffee shops and pubs, the original style buildings creating an olde world charm. Famous for its golf association the town is proud of its landmark Championship course, famously hosting the “Open Championship” won by Scotland’s own Paul Lawrie in 1999. Drawing many visitors and golfers to the area, the town caters for this with several hotels, guesthouses and bed and breakfast establishments and a superb addition to the area is the Carnoustie Hotel and Golf Resort, which sits on the frontage. The town has a bustling leisure centre, three primary schools and Carnoustie High School.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £10,200 per year / £850 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: Tenants are paying £850 per month. The vendor has a guarantee of £3,000 with council (Angus Council) for any repairs that may be required on tenant exit. All payments up to date and received monthly. Lease available on request

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Location

Pricing Information & Bidding

Guide Price: £110,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 28 October 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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