This property is no longer on the market
4 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- 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 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.
Places of interest
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*DISCLAIMER
Property reference 31123. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 12, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 12, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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