Offers over
£900,000
1 bed block of flats for salePerth Road, Dundee DD1
1 bed
Smart Sales & Investments
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About this property
Tenanted portfolio
Portfolio sale
Prime location
Immediate income from day one
Zero ads
Attractive gross yield
Fully compliant properties
All units in great condition
Extremely high rental demand
Annual income of £57,900
Smart Sales & Investments are delighted to present a strong residential investment opportunity comprising a fully let portfolio of six flats located across Dundee, offering immediate and stable rental income.
The portfolio currently generates a combined rental income of £4,825 per calendar month (£57,900 per annum) Four of the properties are situated within a single block on Perth Road, directly opposite Dundee University, with a further two units located nearby at Castle Street and Princess Street.
The Perth Road block benefits from a mix of one- and two-bedroom flats, plus maisonettes, appealing to students, professionals, and commuters. Several units have been recently upgraded, including new gas boilers with 10-year warranties and refurbished sash windows. Compliance works already in place mean the maisonettes can be converted to HMO status with minimal expense, subject to licensing.
All six properties have settled tenants in place, reducing void risk and ensuring continuity of income. The portfolio offers strong rental demand, long-term capital growth potential, and scope for further uplift through rent reviews and renovation.
This portfolio is presented to a good standard throughout and represents a low-maintenance, hands-off Buy-to-Let investment. It is offered as a single lot, making it suitable for private investors, corporate buyers, or pension-backed purchasers seeking a ready-made, income-producing asset in a thriving university city.
Further information, including a full rent schedule and tenancy details, is available on request.
Portfolio Highlights
- 2 x Maisonettes Four-Bedroom, 2 x Two-Bedroom, 2 x One-Bedroom Residential Flats
- Fully Let Portfolio producing £57,900 per annum (£4,825 pcm)
- Four Units in One Block (40 Pert Road) & Two Units located nearby at Castle Street and Princess Street.
- Social Housing Tenancies in Place with option to extend a 5-year lease
- Settled, Long-Term Tenants Throughout reducing void risk
- Zero Additional Dwelling Supplement (ads) payable
- Good Standard Throughout – all properties renovated when acquired
- Immediate Income-Producing Investment offered as a single lot
Need renovation or letting support? Our in-house teams at Smart Home Improvements can quote for all works, Smart Property Lets is also ready to manage the property - making your investment truly hands-off. Enquire today! At Smart Sales & Investments, we are committed to facilitating a seamless transaction process.
To ensure maximum commitment from both parties, a buyer’s premium may be payable to secure the property