Matt Morrison Property Group says ..

Property Oracle says ..

This one-bedroom flat in Brechin, Angus, is listed at £36,500. The property is described as being tenanted, which is a key factor to consider. The provided images reveal a property that is in need of some updating and modernisation. The bathroom, for example, appears dated and could benefit from renovation. The interior photos show a property that is cluttered and in need of some decluttering which hinders an accurate appraisal of the living space. The exterior shot indicates a terraced property. There is a lack of information on the size of the property (no square footage provided) and regarding any exterior space (garden/yard etc) which makes complete analysis difficult. Considering comparable properties, with similar issues, the list price seems reasonable but further information is required to offer an entirely objective assessment. A potential buyer must be aware of the likely costs associated with renovations and upgrades. The tenant in situ, whilst adding to the rental yield, needs to be factored into the property’s overall assessment. Due to the significant lack of information regarding property size and amenities, this analysis is based primarily on visual observations of the provided images and price comparisons with comparable properties in the general area.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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