2 bed terraced bungalow for sale

3 Newbigging Farm Cottages, Montrose, Angus DD10

• Prime New Listing. Large 2 bedroom mid terraced Cottage. *** home report valuation £130,000 ***
• *** Lyndale Cottage, Gilrivie, Montrose DD10 9LF Previously sold for £244,000,5, Abbotsfield Grange, Pugeston, Montrose DD10 9LF previously sold for £290,000 ***
• Property requires a degree of renovation. Sure to appeal to an investor looking for an excellent auction property. *high cashflow investment*
• The property could attract a monthly rental of £800 - £850. This would generate an excellent gross income of £9,600 - £10,200 per annum.
• If utilised as a Serviced Accommodation, it could achieve a nightly rate of £120 (£30,660 per annum) based on a 70% occupancy. *** Potential for brrr strategy***

Prime New Listing. Large 2 bedroom mid terraced Cottage. *** home report valuation £130,000 *** Property Comprises: Ground floor: Porch, hallway, living room and kitchen, two bedrooms and a bathroom.

Local Sales Evidence:

*** Lyndale Cottage, Gilrivie, Montrose DD10 9LF Previously sold for £244,000,5, Abbotsfield Grange, Pugeston, Montrose DD10 9LF previously sold for £290,000 ***

*** Potential for brrr strategy***

Property requires a degree of renovation. Sure to appeal to an investor looking for an excellent auction property. *high cashflow investment* The property could attract a monthly rental of £800 - £850. This would generate an excellent gross income of £9,600 - £10,200 per annum.

If utilised as an Airbnb it could achieve a nightly rate of £120 (£30,660 per annum) based on a 70% occupancy (subject to researching and gaining necessary planning consents).

Sure to appeal to shrewd buy to investors looking for a great capital growth opportunity or a homeowner looking for their dream home!

Property is offered at large discount from Home Report Valuation of £130,000. Sure to appeal to investors looking for a great capital growth opportunity or a homeowner looking for their dream home!

This property is offered at a fantastic price to ensure an Auction sale. ***home report £130,000***

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team.

Location:

Montrose is a charming and historic town with a rich heritage that spans several centuries. Nestled in a picturesque setting, it combines small-town charm with cultural significance, featuring distinctive architecture that reflects its deep historical roots. The community is known for its welcoming atmosphere, where local businesses thrive alongside community events that bring residents together throughout the year. Visitors to Montrose often remark on its scenic beauty, with tree-lined streets and well-preserved buildings creating a distinctive character that sets it apart from surrounding areas. The town serves as both a living museum of regional history and a vibrant, evolving community that honours its past while embracing contemporary life.

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