Being sold as part of a portfolio of 3 x properties

THIS PROPERTY IS BEING SOLD BY LIVESTREAM AUCTION AT 2PM ON THURSDAY, 26TH JUNE. You can bid online, by telephone or by proxy. You must register to bid before 6pm on Wednesday 25th June. How to register: Visit auctionhouse.co,uk/Scotland. Scroll down and click “Register to bid”. This will take you to Passport by EIG, which is where we livestream our auctions. To create an account, click “sign up” and fill in all required details. You will receive an email once your registration is approved. If you need help registering to bid, please call the office. To bid online on auction day: Log back in before 2pm on auction day, navigate to the lot you are interested in and click “bid now”. Going under the hammer is this three bedroom maisonette flat in the Angus village of Newtyle, approximately 10 miles north of Dundee. Over the first and attic levels, the well-presented accommodation comprises, on the entry level, lounge/dining room, large kitchen, one bedroom and bathroom. The upper (attic) level offers a further two spacious bedrooms. The property offers gas heating system and a shared garden area. The guide price offers an attractive 13% discount against Home Report valuation, and published LHA three bedroom rate of £9,514 per annum represents an outstanding 15% potential rental yield if purchased at guide price. Ideal for rental investors and owner/occupiers, this is offered as part of a portfolio along with 6 and 6D Castle Street, but offers for this property in isolation may be considered. Council Tax Band: C.

Tenure

Freehold

Area

The Angus village of Newtyle is situated approximately halfway between Dundee and Blairgowrie. The village offers a range of local facilities, a primary school with nursery, with secondary schools in Dundee and Blairgowrie. A variety of outdoor pursuits are on the doorstep, and proximity to Dundee makes Newtyle ideal for commuters to the city.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Angus Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.