Lot 189 - 9 Mill Lane, Montrose, Angus, DD10 8BX

  • Unconditional Online Auction Sale
  • Guide Price* : £65,000

This spacious ground floor flat has the benefit of its own front and rear door, this would make an ideal investment as its being sold with a current tenant. And also has a fantastic £20,000 discount to home report value.

Description

• This property is being sold by auction, terms and conditions apply
• Fantastic £20,000 discount to home report value
• Sold with tenant in situ
• Ideal investment as tenanted
• Gas central heating
• Two double bedrooms
• Current rental income £495pcm/£5940pa

In more detail the property has main door entry that leads into a very generous hallway that is currently used as an office. The lounge is spacious and is front facing. There is a well-appointed kitchen which features a range of base and wall units, cooker, plumbing for a washing machine and space for a fridge/freezer. The kitchen also has a door leading to the side of the property. There are two double bedrooms and bathroom comprising of bath, W.C and wash hand basin.

Externally there is a very well-kept communal garden, bin area and outhouse. This property currently has a tenant in situ giving instant income which would make this a great investment property or addition to any current landlord portfolio.

PLEASE NOTE: As per the T&C's, an Auction Fee and 10% Deposit is due to be paid when your bid is successful.

Tenure

Freehold

Location

Montrose is situated on the East Coast within travelling distance of both Aberdeen and Dundee. The town and surrounding area offers an abundance of social and leisure pursuits for all age groups and is an excellent environment in which to live.

Comparables:

27b Balmain Street: Sold for £84,000 7/21

27 Mill Lane: Sold for £82,000 11/20

Accommodation

Spacious lounge, Kitchen, 2 x double bedrooms, bathroom

Outside

Communal garden, outhouse

Local Authority
Angus Council

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Bidding not yet open
Minimum Opening Bid

£65,000


Bidding Opens On
22nd Oct 2021 10:00
Scheduled End Date

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Local Authority

Angus Council

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