Summary - 6, RAMSAY STREET, MONTROSE DD10 8BS
3 bed 1 bath Flat
High-yield auction opportunity in central coastal town.
Ground-floor main-door flat, three bedrooms, one bathroom
A ground-floor, three-bedroom main-door flat in central Montrose, offered vacant and with a recent home report of £105,000. The flat is presented as ready to move into and suits buyers looking for an immediate let or an owner-occupier wanting no major upfront works. Located within walking distance of shops, cafés, parks and schools, the property benefits from strong transport links and excellent mobile and broadband connectivity.
For investors the numbers are attention-grabbing: marketing materials suggest serviced-accommodation potential (subject to necessary consents) and project a gross income scenario at 70% occupancy. The guide price produces a high headline yield, making this a speculative opportunity for those able to operate short-term lets or conventional rentals in a challenged local market.
Buyers should note material selling conditions and local context. The lot will be sold at auction and is in a very deprived area with a ‘constrained renters’ local classification; this can mean higher tenant turnover and management overheads. Internal descriptions are mixed — the listing states the flat is “impeccable walk-in condition,” while property notes and exterior images indicate traditional terraced construction with small rooms and potential need for modernization in parts.
This is best suited to investors or buyers comfortable with auction purchase mechanics who can weigh the strong headline yield against local socio-economic factors and potential refurbishment or management needs. First-time buyers seeking a straightforward, low-risk home should verify the condition in person and consider the implications of the auction sale process before bidding.
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