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No longer on the market

This property is no longer on the market

4 bedroom flat

Auction
Flat
4 beds
2 baths
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandSuper-fast 75Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Prime Property Auctions is excited to present a large 4 Bedroom Flat in Prime location in the popular buy-to let location of Dundee. * HOME REPORT £158,000 *
  • * 4 Flat 1a, Victoria Road, Dundee, Angus DD1 1 JQ sold for £150,000, 54 Flat C, Bell Street, Dundee, Angus DD1 1 HF sold for £140,000 in May 2023 *
  • Property could achieve £1,200 PCM.(£14,400 P/A) as a traditional Buy To Let, providing an exceptional investment opportunity for a shrewd investor. If converted to a HMO,This could achieve £450 PC
  • Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or first-time buyer.Potential HMO opportunity.
  • Property benefits from Gas Central Heating which helps with energy efficiency and helps future-proof against incoming EPC legislation. *GUIDE PRICE £130,000*

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    • Prime Property Auctions is excited to present a large 4 Bedroom Flat in Prime location in the popular buy-to let location of Dundee. * HOME REPORT £158,000 *


    • * 4 Flat 1a, Victoria Road, Dundee, Angus DD1 1JQ sold for £150,000, 54 Flat C, Bell Street, Dundee, Angus DD1 1HF sold for £140,000 in May 2023 *


    • Property could achieve £1,200 PCM.(£14,400 P/A) as a traditional Buy To Let, providing an exceptional investment opportunity for a shrewd investor. If converted to a HMO,This could achieve £450 PCM per room £1,800 PCM (£21,600 P/A)!


    • Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or first-time buyer.Potential HMO opportunity.


    • Property benefits from Gas Central Heating which helps with energy efficiency and helps future-proof against incoming EPC legislation. *GUIDE PRICE £130,000*

    Prime Property Auctions is excited to present a large 4 Bedroom Flat in Prime location in the popular buy-to let location of Dundee. *POTENTIAL 17% YIELD *

     

    Property comprises a 4 Bedroom Flat. The spacious accommodation allows for a neat and compact homely space 4 large bedrooms and kitchen. Completing the accommodation is 2 large double bedrooms and 2 neatly designed bathrooms coupled with an additional storage cupboard. 

    Property could achieve £1,200 PCM (£14,400 P/A) in rent, providing an exceptional investment opportunity for a shrewd investor. If converted to a HMO,The property could achieve £450 PCM per room which would generate rental income of £1,800 PCM and a staggering £21,600 P/A, providing a massive rental yield of 17%!

    Property benefits from Gas Central Heating which helps with energy efficiency and helps future-proof against incoming EPC legislation. 

    Property could achieve an annual income of £16,200 which would generate a gross yield of 12%. 

    The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:*HOME REPORT 158,000*

     

    * 4 Flat 1a, Victoria Road, Dundee, Angus DD1 1JQ sold for £150,000, 54 Flat C, Bell Street, Dundee, Angus DD1 1HF sold for £140,000 in May 2023 *

    Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today. 

     

    Location: 

    Dundee, often referred to as the "City of Discovery," is a vibrant and historic city located on the east coast of Scotland. Nestled along the northern bank of the Firth of Tay, it is the fourth-largest city in Scotland and boasts a rich cultural heritage, stunning landscapes, and a thriving waterfront. 

    The city centre of Dundee is a blend of old and new, where you can find traditional Scottish architecture alongside modern buildings and attractions. The iconic Tay Rail Bridge stretches across the river, offering breathtaking views of the estuary and surrounding areas. 

    Dundee is renowned for its contributions to science and technology, as it is home to the RRS Discovery, the famous ship that carried Captain Scott on his first expedition to the Antarctic. Visitors can explore this historic vessel at the Discovery Point Visitor Centre, where interactive exhibits and displays narrate the story of its remarkable journey. 
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About this agent

Prime Property Auctions - Glasgow
Prime Property Auctions - Glasgow
100 West Regent Street Glasgow G2 2QD
0141 376 8640
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We specialise in selling properties within 28 days for the price a seller wants and helping buyers secure excellent deals
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