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Trinity Road, Brechin DD9 1 bed flat for sale
Trinity Road, Brechin DD9
£38,000
Trinity Road, Brechin DD9
£38,000
Our Summary
- 7a, Trinity Road, Brechin, Angus DD9 6BE, sold for £90,000*Property requires a degree of renovation
- Sure to appeal to an investor looking for an excellent auction property
- If utilised as an AirBnb it could achieve a nightly rate of £90 (£22,995 per annum) based on a 70% occupancy (subject to planning) PRIME NEW LISTING
- *HIGH YIELDING PROPERTY*Property requires a degree of renovation
- There is potential to add value through a renovation and then refinance *BRRR INVESTMENT*Sure to appeal to shrewd buy to investors looking for a great capital growth opportunity or a homeowner looking for their dream home
- *PRIME LOCATION* (subject to planning) Local sales evidence: *1, Trinity Road, Brechin, Angus DD9 6BE sold for £105,000
- This property is offered at a fantastic price to ensure an Auction sale
- *HOME REPORT £45,000*The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- If utilised as an Air Bnb it could achieve a nightly rate of £90 (£22,995 per annum) based on a 70% occupancy (subject to planning)
- If utilised as an AirBnb it could achieve a nightly rate of £90 (£22,995 per annum) based on a 70% occupancy (subject to planning)
- Property requires a degree of renovation
Description
This 1-bedroom flat in Brechin, Angus, is a prime new listing that requires renovation and is suitable for an investor looking for a high-yielding property. With a Home Report value of £45,000, the property could attract a monthly rental of £500-£550, generating a gross income of £6,000-£6,600 per annum, or £22,995 per annum as an Airbnb, based on 70% occupancy. The property has ample storage, upvc windows, large room sizes, and a massive rear garden, and is located in a sought-after area. With potential for capital growth and a yield of 15.8-17.4% if purchased at guide price, this property is sure to appeal to shrewd investors and homeowners alike.