5 bedroom flat for sale

• PRIME NEW LISTING. We are excited to present this attractive HMO, 5 bedroom mid terrace house located within a prime location in Dundee. Home report £190,000

• : *235, Perth Road, Dundee DD2 1EL sold for £272,500, in Nov 2020, 6, Hyndford Street, Dundee DD2 1HP sold for £270,600 in Apr 2022*

• This property is currently utilised as a HMO with a substantial rental income of £1,500 per calendar month, an impressive £18,000 per annum. It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield of 8.7%, ensuring high-yield potential for those looking to maximise their investment.

• Offered at a remarkably competitive price, this property is primed for a quick auction sale. It presents a fantastic opportunity for investors and homeowners alike, looking for an excellent property acquisition in this thriving market.

• As an attractive HMO property, it also offers a lucrative Buy to Let opportunity. The property promises fantastic capital growth potential, making it ideally suited for seasoned investors seeking a high-yield, turn-key investment.

PRIME NEW LISTING. We are excited to present this attractive HMO, 5 bedroom mid terrace house located within a prime location in Dundee. Home report £190,000



Fully HMO compliant with fire alarm system, extinguishers and all required safety alarms, the property is offered fully furnished and benefits from gas central heating, double glazing, broadband, a car port parking space, mono-block driveway, and a large low-maintenance stone garden with two covered rotary dryers. Internally the accommodation is arranged over four levels and includes a welcoming vestibule and hallway, a ground-floor single bedroom (with potential to convert to a sixth bedroom), utility room and shower room, a large open-plan kitchen and living area with balcony overlooking the garden, four further spacious double bedrooms, a family bathroom, a master bedroom with en-suite, and a large loft for storage, making this an excellent turnkey investment or premium student and professional rental opportunity in one of Dundee's most desirable locations.



Currently utilised as a House in Multiple Occupation (HMO), this property generates a substantial rental income of £1,500 per calendar month, amounting to an impressive £18,000 per annum. This represents an outstanding opportunity for investors seeking substantial returns, exemplified by an exceptional gross yield of 8.7%, a true high-yield potential investment.



Offered at a remarkably competitive price, this property is positioned for a swift auction sale, presenting a fantastic opportunity for investors and homeowners looking to make a savvy purchase in a dynamic market.



As an attractive HMO property, it also offers a rewarding Buy to Let opportunity, showcasing fantastic capital growth potential. This makes it perfectly suited for seasoned investors seeking a high-yield, turn-key investment.



The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.



Excellent sales evidence in the area:

*235, Perth Road, Dundee DD2 1EL sold for £272,500, in Nov 2020, 6, Hyndford Street, Dundee DD2 1HP sold for £270,600 in Apr 2022*



This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.



This property is offered at a fantastic price to ensure an auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.



For further details on how to have a bidding account created, please contact the team.



Location



Dundee is a vibrant city located on the east coast of Scotland, known for its rich history, dynamic cultural scene, and thriving student population. With excellent transport links, a bustling city centre, and beautiful natural surroundings, Dundee is an attractive location for investors and homeowners alike.