Summary - 18, INDIA LANE, MONTROSE DD10 8PN
1 bed 1 bath Maisonette
Income-ready one-bedroom flat with strong yield potential for buy-to-let investors.
Tenant in situ paying £500 PCM (£6,000 p.a.)
Estimated attractive yield around 12% at guide price
Freehold small maisonette — approx 338 sq ft
Sold at auction as part of five‑property portfolio
Buyer’s premium 3.6% (min £3,600) payable on purchase
Very deprived local area—may limit capital growth
Good broadband and excellent mobile signal
External building shows mid‑century concrete finish and grime
A compact one-bedroom maisonette in central Montrose offered with a sitting tenant producing £500pcm. The ground-up appeal is clear for investors seeking immediate income and a high prospective yield if purchased near the guide price.
The interior is well maintained with a modern kitchen, double glazing and gas central heating. At around 338 sq ft the layout is small but practical: lounge, double bedroom and shower room. Broadband and mobile signal are strong, supporting rental demand from commuters or short-term lets.
Important considerations: the property is sold at auction as part of a five-property portfolio and will be subject to a buyer’s premium (3.6% of the purchase price, minimum £3,600). The neighbourhood is in a very deprived area, which can affect long-term capital growth and tenant mix. Externally the building shows mid‑20th-century concrete finishes and some grime — limited external works and cosmetic refresh could be required.
This is a straightforward, income-producing freehold for a buyer focused on yield or portfolio scale rather than a long-term residential project. The existing tenancy and central location close to shops, transport links and the coast reduce void risk for an investor prepared to accept the local area profile.
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