3 bed terraced house for sale

Fountainbleau Drive, Dundee, Angus DD4

This three bedroom midterraced property presents an excellent opportunity for investors, developers or owneroccupiers seeking a property with strong resale or rental potential following renovation. The property requires a programme of upgrading and modernisation, offering scope to add value and improve overall layout and specification.

Threebedroom houses in Dundee currently achieve rental levels in the region of £950–£1,300 per calendar month, depending on location and standard of finish, with average market rents sitting around £1,050 pcm for wellpresented family accommodation. On the basis of an £80,000 purchase price, this equates to an attractive gross rental yield of approximately 14%–18% per annum, with even conservative estimates delivering yields in excess of 14%. Dundee continues to benefit from strong tenant demand driven by its universities, major employers such as Ninewells Hospital, and its position as one of Scotland’s most affordable city property markets, making it particularly appealing to buytolet investors.

Dundee is a vibrant riverside city on Scotland’s east coast, set along the River Tay and offering a strong combination of affordability, connectivity, culture and economic growth. As Scotland’s fourthlargest city, Dundee has undergone significant regeneration in recent years and is now regarded as one of the country’s most upandcoming urban centres.
The city blends historic character with modern development, making it attractive to homebuyers, professionals, students, and investors alike.

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.