Summary - 26, HIGH STREET, MONTROSE DD10 8JL
2 bed 1 bath Flat
Immediate income investment — tenanted, furnished, and town-centre located..
Tenanted buy-to-let producing £600pcm (£7,200pa) with tenants in situ
Immediate yield approximately 11% based on asking price
Sold furnished with inventory included; income from day one
EPC rating C; gas central heating and partial double glazing
Second-floor flat with attic; sold as seen, requires maintenance
Located in very deprived, constrained-renter area — limited growth risk
Town-centre location; five-minute walk to train station and amenities
Home Report valuation £68,000 for buyer comparison
This second-floor, two-bedroom flat on Montrose High Street is offered as a buy-to-let investment with tenants in situ. It produces £600pcm (£7,200pa), reflecting an immediate yield of c.11% against the asking price of £64,995. The tenancy began September 2023 and the property is sold fully furnished with inventory included, providing rental income from day one.
The building is a Georgian mixed-use structure with period character to the exterior and typical upper-floor accommodation internally. The flat benefits from gas central heating, partial double glazing, an upper-floor attic, an EPC rating of C, fast broadband and excellent mobile signal—practical features for lettings in a town-centre location close to shops and the train station.
Notable considerations for investors: the property sits in a very deprived local area with a transitional Eastern European neighbourhood and constrained renter market, which may limit capital-growth prospects. The interior shows dated elements and some wall damage; the property is sold as seen and will require ongoing maintenance or cosmetic updating over time.
Overall this is a straightforward income purchase for a buyer prioritising immediate yield and hands-off tenancy. Buyers should budget for periodic maintenance, consider the local market conditions when modelling long-term returns, and note the Home Report valuation of £68,000 for comparison to the asking price.
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