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Union Street, Montrose, DD10

Scotland

£45,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
753 sqft

Description

This second-floor apartment offers a solid foundation for refurbishment, making it an appealing option for first-time buyers, professionals, or buy-to-let investors. With two bedrooms, a family bathroom, and a spacious lounge that connects to a dining kitchen, the layout is both functional and versatile. The property features gas central heating and double glazing throughout, ensuring comfort year-round. Internally, the apartment showcases a bright lounge with laminate flooring and neutral decor—ideal for personalisation. The kitchen is equipped with basic cabinetry and an integrated oven but has potential for modernisation to enhance its appeal. Both bedrooms are generously sized; Bedroom 1 benefits from fitted wardrobes while Bedroom 2’s wood paneling adds character but may require updating. The family bathroom includes necessary fixtures but presents further opportunities for improvement in aesthetics and functionality. Externally, there's a shared garden area with potential for landscaping—and a private space with a wooden shed that could be revitalised. With local amenities just around the corner and Montrose's transport links making this property ideal for commuters to Dundee or Aberdeen, this apartment represents an excellent investment opportunity.

Investment Analysis

(DD10 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£60/sq ft
Area Average
£144/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£119,524
10% above area average per sq ft
Potential ROI
+70.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (DD10)

Area prices are falling by +11.9% over the last 12 months
3 year growth: -1.7%
5 year growth: 0.8%
Investment Disclaimer: Analysis based on DD10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Union Street, Montrose, DD10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£165
Based on a loan of £33,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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