2B Crockatts Building, Brechin, DD9 7DH
PR

2B Crockatts Building, Brechin, DD9 7DH

By Prime Property Auctions (Scotland) Ltd

£ 35,000

Reviews

2 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

We are happy to present a Large 1-bedroom tenanted Flat in a Prime location in Brechin. ***HOME REPORT £40,000***    The property currently achieves £275 PCM (3,300 P/A) in rental income. This would produce an amazing 9% Yield based on the Guide price. ***Turn key investment*** ...

Property Oracle says ..

This one-bedroom flat in Brechin, Angus, is currently listed for £35,000. The property is presented as a potential rental investment, with a stated rental income of £275 per month. This translates to a notable yield, indicating the property’s potential as an investment. The photos suggest the property is habitable but needs modernisation; the bathroom appears dated, and the interior decor is basic. The available information lacks key details, such as the property’s size (square footage) and the exact extent of any outdoor space. The lack of information regarding the proximity to transport links, schools, and other amenities hinders a complete assessment of the location. Compared to other nearby properties, the listed price appears to be in line with the market in Brechin, though potential buyers should factor in refurbishment costs. Overall, this property presents as a possible investment opportunity for those looking for rental income in a smaller Scottish town, but potential buyers must conduct a thorough survey and appraisal to assess the full extent of repair and renovation needs.

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

Price
7
Condition
4
Location
5
Land
1
Bedrooms
1
Bathrooms
1

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
65,000.00 £
Decreased by 67.00 %
from 196,998.00 £
Average area rental value
725.00 £/mo
Increased by 21.44 %
from 597.00 £/mo
Est rental Yield
13.38 %
Increased by 267.58 %
from 3.64 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Nursery Lane £ 165,00000.00 KM
Damacre Road £ 000.00 KM
Braik's Close £ 85,00000.00 KM
Lindsay Lane £ 90,00000.00 KM
Maisondieu Lane £ 140,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
2B Crockatts Building, Brechin, DD9 7DH £ 35,000BUY4 / 100.00 KM
Montrose Street, Angus, Brechin, DD9 £ 36,500BUY4 / 100.00 KM
2, Crockatts Building, Brechin, DD97DH £ 14,000BUY5 / 100.00 KM
Montrose Street, Brechin, Angus, DD9 £ 85,000BUY6 / 100.05 KM
Albert Place, Brechin, DD9 £ 85,000BUYUnknown0.09 KM