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Ferry Street, Montrose, Angus, DD10

Scotland

£50,000
Listed on 20/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This ground-floor one-bedroom flat offers a compelling prospect for those looking to invest in a property with significant renovation potential. While it currently requires comprehensive modernization, the space features a practical layout that can be reimagined into a stylish urban dwelling. Located within close proximity to local amenities, the flat benefits from a convenient setting that may appeal to both future residents and renters. With high ceilings and large windows, the apartment retains some charming character elements that could be enhanced through thoughtful updates. The kitchen presents an opportunity for upgrade, ideal for those looking to install modern cabinetry, contemporary appliances, and improved work surfaces. In terms of living space, the living room at the rear of the property includes two storage cupboards and can be creatively repurposed as an additional bedroom by removing the existing fireplace. The front-facing bedroom is generously sized with ample natural light—also making it suitable for conversion to a living area if desired. The bathroom is functional yet in need of modern enhancements; it currently contains basic fixtures such as a bath, sink, and WC but holds promise for redesign into a more contemporary space. Externally, there is shared outdoor access at the rear of the building alongside on-street parking options at the front. This property stands as a blank canvas awaiting transformation, making it an attractive option for individuals seeking a project or investors aiming to capitalize on its rental potential amidst a desirable location.

Investment Analysis

(DD10 area)
Area Average
£144/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Ferry Street, Montrose, Angus, 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
£183
Based on a loan of £37,500 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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