2-bedroom flat · DD10 8EN
Sold STCReduced £6k (−8.7%) on 27 JunListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this tenanted 2-bedroom flat located within a prime location in Montrose. Home Report £80,000.
**17, Mill Lane, Montrose DD10 8BX sold for £100,000 in 2023**, **8, Castle Street, Montrose DD10 8AG sold for £136,000 in 2023**, **5, George Street, Montrose DD10 8EN sold for £130,000 in 2023** This property benefits from a recent renovation and is currently tenanted, generating £758.85 per month in rental income.
The lease with Meares has 40 months remaining, offering a substantial 13% yield at the guide price. A fantastic opportunity for savvy investors seeking reliable rental income.
Perfect for a shrewd investor looking for a project with remarkable rental and capital growth potential. This is an excellent chance for someone looking to add value and maximise returns.
Situated in a good location, this property benefits from excellent transport links and local amenities. It's ideal for buyers aiming to capitalise on future growth in a sought-after area.
Prime new listing. We are excited to present this tenanted 2-bedroom flat located within a prime location in Montrose.Home Report £80,000.
The property comprises a welcoming hallway, a well-equipped kitchen, a spacious living room, two generous bedrooms, and a modern bathroom with a WC.
This property benefits from a recent renovation and is currently tenanted, generating £758.85 per month in rental income.
The lease with Meares has 40 months remaining, offering a substantial 13% yield at the guide price. A fantastic opportunity for savvy investors seeking reliable rental income.
Perfect for a shrewd investor looking for a project with remarkable rental and capital growth potential. This is an excellent chance for someone looking to add value and maximise returns.
Situated in a good location, this property benefits from excellent transport links and local amenities. It's ideal for buyers aiming to capitalise on future growth in a sought-after area.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: **17, Mill Lane, Montrose DD10 8BX sold for £100,000 in 2023**, **8, Castle Street, Montrose DD10 8AG sold for £136,000 in 2023**, **5, George Street, Montrose DD10 8EN sold for £130,000 in 2023** This lot is open to immediate offers.
Should you wish to offer now, you can do so via our “Offer now” button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location Montrose is a charming coastal town in Scotland, known for its picturesque landscapes and vibrant community.
With a rich maritime heritage, Montrose offers a mix of cultural attractions, excellent transport links, and a variety of local amenities, making it an attractive place to invest and live.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 15C, George Street, Montrose
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