One Bedroom Flat - Buy to Let - Carnoustie

Now you may not know the difference between a Mashie Niblick and a ferret but Carnoustie has much more to offer than just golf. This particular property is a short walk from the course, the beach and of course the town centre http://www.tspc.co.uk/details.asp?id=116757.

It’s a relatively modern one bedroom flat being marketed by our colleagues at Connoly & Yeoman at a price of offers over £68,000.

The area is good, popular and an easy commute to further afield. Judging from the pictures the property itself would benefit from a fairly basic decorative update/refit and maybe see if something could be done to improve the EPC level.

I’m not concerned by the Hillcrest interest but would certainly want to know more. Indeed I manage a number of properties where their involvement can be a positive bonus in terms of maintenance of communal areas, stairwells, roofs etc.

In rental terms I think we are talking about something in the region of £350 so that’s a rental return of over 5%. Capital appreciation isn’t rocketing away but in the last year its up by about 6.8% for flats in this area. Might be worth dusting off your clubs and going for a look.