One Bedroom Tenement Flat with Potential Rental Income of £395 pcm.
This traditional tenement flat is located on the third floor of a four-storey corner building. The flat enters into a hall leading to living room, kitchen, bedroom and bathroom. The flat benefits from communal garden grounds to the rear and pvc double glazing.
This property in in an attractive rental area and is ideal for letting, with properties such as this currently renting for around £395PCM. Calculated against the current guide price this would make a lucrative potential rental yield of 18%+.
Dundee is Scotland’s fourth- largest city and an extremely popular are for students due to the the two universities – The University of Dundee and The Abertay University. The city has a history of technological industries and now accounts for 10% of the United Kingdom’s digital entertainment industry. The city benefits from a fantastic public transport service with bus and train routes frequent.
For further information, please call Sandrina, Lorren or George in in Wilsons Auction Property Department.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
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