Guide price
£50,500
2 bed flat for saleMorven House, High Street, Montrose, Angus DD10
2 beds
1 bath
1 reception
Auction
About this property
2 Bedroom Flat
Montrose
Perfect for Rental Market
Potential Rent: £625PCM
Home Report Vlaue: £75,000
Two Bedroom flat perfect for first time buyers, this property will be auctioned on the 14th of January.
This property is in a popular area and would look to achieve a rental income of around £625PCM and a yield of over 15% if secured at the guide price of £50,500.
Montrose benefits from a range of amenities including restaurants, shops, banks and coffee shops. The town has a wealth of architecture and is a centre for international trade with an important commercial port for the oil and gas industry. Located between Dundee and Aberdeen the area well serviced by public transport with a train station, frequents bus routes and access to the A90.
‘This property is being sold in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property. Any intending purchasers will require to accept the position as it exists since no testing of any services or systems can be allowed. No moveable items will be included in the sale.`
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.
For any further information, please contact the Wilsons Auctions Property Department
This property is in a popular area and would look to achieve a rental income of around £625PCM and a yield of over 15% if secured at the guide price of £50,500.
Montrose benefits from a range of amenities including restaurants, shops, banks and coffee shops. The town has a wealth of architecture and is a centre for international trade with an important commercial port for the oil and gas industry. Located between Dundee and Aberdeen the area well serviced by public transport with a train station, frequents bus routes and access to the A90.
‘This property is being sold in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property. Any intending purchasers will require to accept the position as it exists since no testing of any services or systems can be allowed. No moveable items will be included in the sale.`
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.
For any further information, please contact the Wilsons Auctions Property Department
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Monthly repayment
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