Portolio says ..
Tenanted buy-to-let investment property with a current yield of 11%.
Property Oracle says ..
This 2-bedroom property located on Montrose’s High Street presents an interesting investment opportunity, particularly for buy-to-let investors given its listed yield of 11%. The property’s central location offers convenient access to local shops and the train station, enhancing its appeal to renters. While the property shows some signs of wear and tear and lacks outdoor space, it seems reasonably priced within the context of the Montrose market. The images also indicate recent renovations to the kitchen and bathroom. Further investigation into the precise square footage, condition of the building’s structure (beyond surface level) and the specifics of the current tenancy would help to paint a more comprehensive picture of the property’s overall value and suitability for potential buyers.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 907.40
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 185,006.00 £Increased by 5.60 %
- Est sale value
- 149,721.00 £Increased by 4.43 %
- Average area rental value
- 709.00 £/moIncreased by 6.78 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.60 %Increased by 1.10 %
- Crime Rate
- 0.00 %
Agent Activity
Portolio created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Old Printworks | £ 189,950 | 0 | 0.00 KM |
| Murray Lane | £ 132,333 | 0 | 0.00 KM |
| York Terrace | £ 0 | 0 | 0.00 KM |
| Redfield Road | £ 0 | 0 | 0.00 KM |
| Rutland Crescent | £ 150,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Montrose | 9080 | MTS | 0.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Montrose, DD10 | £ 64,995 | BUY | 5 / 10 | 0.00 KM |
| High Street, Montrose, DD10 | £ 82,000 | BUY | 5 / 10 | 0.00 KM |
| High Street, Montrose, DD10 | £ 60,000 | BUY | 4 / 10 | 0.01 KM |
| The Bungalow, 34D High Street, Montrose, Angus, DD10 | £ 125,000 | BUY | 7 / 10 | 0.01 KM |
| High Street, Montrose, Angus, DD10 | £ 49,000 | BUY | 5 / 10 | 0.01 KM |