Dundee is Scotland's fourth- largest city and an extremely popular area for students due to the two universities – The University of Dundee and The Abertay University.
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** sale by auction - 21 February 2020 ** Timed Online Auction .
**ideal buy to let investment opportunity** 2 Bedroom, 3rd floor flat in terrific prime rental, central Dundee Location. High deman rental location. Bedroom flat close to Dundee City centre with a lucrative return on investment. This third floor, two bedroom flat opens in to an entrance hallway that leads to a living room, kitchen, two bedrooms and a bathroom with W.C. Each of the rooms within the flat are generously sized with great storage space throughout. The property benefits from high ceilings with original decorative cornicing allowing large amounts of natural light to flow through making this a very bright and airy flat. The property further benefits from UPVC double glazing and well maintained communal areas. Located only a short walking distance from Dundee City centre this property is ideally surrounded by a number of amenities including both high school and primary schools, countless eateries, co-op food and Lidl just to name a few. This property would also be perfect for any investor looking for a lucrative return on investment Realistic rental potential of £475 pcm (producing £5700 per annum). Giving a fantastic yield of over 14% if achieved at Guide Price. Recent sales within 0.25M: 4 Flat F, Tannadice Street, Dundee, £92,876 Jul 2019 168 Flat F, Albert Street, Dundee, £69,000 Jul 2019 2 Flat A, Tannadice Street, Dundee, £72,000 Jul 2019 room sizes:- Kitchen- 3.340m x 2.665m Bathroom- 2.169m x 1.688m Bedroom 1- 4.395m x 2.582m Bedroom 2- 3.358m x 2.833m Living Room- 3.860m x 4.511m
Dundee is Scotland's fourth- largest city and an extremely popular area for students due to 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 has a resident population of approximately 150,000 and a regional catchment population estimated at 330,000. Dundee is currently home to major investment and regeneration transforming the historic hub into Scotland's most impressive modern city. The city benefits from a fantastic public transport service with bus and train routes frequent.
Auction Details 21 February 2020,9.00am Timed Online Auction, How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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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.
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