2-bedroom flat · DD10 8BL
Sold STCListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious, first floor, two-bedroom, property situated in well established area in the coastal town of Montrose.
Currently tenanted for £600 a month with no arrears with an 8% yield based off the home report valuation.
Entrance hallway which leads to a very spacious, modern, stylish kitchen with breakfast bar area and ample room for full size fridge freezer and other white goods.
Spacious south facing lounge which leads into the second bedroom.
Contemporary bathroom with free standing bath and self contained, glass enclosed shower with large tinted windows cascading natural lighting.
Two generous double bedrooms with abundant room for bedroom furniture. Property benefits from gas central heating and double glazing with a communal garden and drying area.
There is also a basement store included with the property which provides a secure facility for additional storage.
Montrose is a thriving Angus town with the ongoing £115 million port regeneration project breathing new life and investment into the town and making the Port a key hub in Scotlands renewable energy sector.
Popular town centre and wide sandy beach, the Montrose basin is a nature reserve and haven for widefowl and wading birds and is a popular tourist attraction.
For golf enthusiasts, the 1562 links course is widely acclaimed as the 5th oldest course in the world.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 10, Hill Place, Montrose
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