Summary - 40, UNION STREET, MONTROSE DD10 8PY
1 bed 1 bath Flat
Low guide price with clear renovation upside for buy-to-let investors.
Vacant one-bedroom flat in Victorian building
Freehold title; offered for sale at timed online auction
Estimated rents £500–£600 pcm (approx. £6k–£7.2k pa)
Requires light renovation; kitchen dated and needs modernising
Single shower room; practical layout with storage throughout
Very deprived local area — may affect tenant demand/resale
Excellent mobile signal and fast broadband for lettings
Auction sale requires readiness to proceed and legal checks
A vacant one-bedroom flat in a Victorian block on Union Street, offered for auction with genuine upside for investors and builders. The property is freehold and set within easy reach of local shops, cafes, schools and public transport, and benefits from excellent mobile signal and fast broadband — useful for attracting long-term tenants.
The flat requires light renovation: the mid-20th-century kitchen is dated and will need modernising, while the accommodation otherwise offers a straightforward layout of living/kitchen space, a generous bedroom and a shower room. Sold at a low guide price, comparable local sales and estimated rents of £500–£600pcm suggest potential for a healthy gross yield if purchased at auction.
Buyers should note material drawbacks plainly: the area is classified as very deprived which can affect tenant demand and resale timing, and the lot is being sold at auction meaning buyers must be prepared for quick timescales, deposit requirements and to confirm legal/title information before bidding. This is a renovation project suited to an investor or developer able to manage works and let quickly.
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