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Victoria Street, Montrose, Angus, DD10

Scotland

£50,000
Listed on 02/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
450 sqft

Description

This one-bedroom apartment, situated just a short stroll from the heart of Montrose, presents a promising opportunity for buyers eager to infuse their personal style into a residence. With electric heating and double glazing already in place, the property serves as a robust base while offering significant potential for modernization. The layout includes a generously sized lounge filled with natural light, a functional kitchen/dining area, a bathroom equipped with a three-piece suite, and a double bedroom conveniently accessible from the lounge. This apartment is ideal for first-time buyers or investors seeking a project that can be transformed into an appealing living space.

Investment Analysis

(DD10 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£111/sq ft
Area Average
£148/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£73,013
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (DD10)

Area prices are falling by -6.4% over the last 12 months
3 year growth: +1.4%
5 year growth: -2.3%
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

Victoria Street, Montrose, Angus, DD10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£177
Based on a loan of £37,500 over 30 years at 3.91% 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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