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8 bedroom residential development for sale

Dundonlad Street, Dundee DD3 7PW

Guide Price* £149,000

Property Description

Key features

  • Portfolio Of Four Flats In One Block
  • Attractive Asking Price
  • Local Area Undergoing Extensive Regeneration
  • Potential Rental Yield Of 14%

Full description

Portfolio of four two bedroom flats

This Dundee portfolio comprises of four two bedroom flats in the same block. Of the four, one of the properties (2/L) is tenanted and under management at a rental value of £395pcm, whilst the other three properties are currently vacant. The LHA rate for a two-bedroom property in this area is £450pcm. The flats have similar layouts comprising of two bedrooms, lounge, kitchen and bathroom. Additional features include a secure entry system, electric heating with a mixture of single and double glazed units. Dundonald Street is a well-established and popular residential area of Dundee close to local amenities and primary schooling. The main arterial road into Dundee, Dens Road, is easily accessible. The portfolio is offered as one lot with a competitive Guide Price and would make a welcome addition to any landlord's portfolio.

Portfolio of four flats in one block
Attractive asking price
Local area undergoing extensive regeneration
Potential rental yield of 14%

Area
Dundee is the fourth largest city in Scotland and is situated on the north shore of the River Tay. The city is at present undergoing dramatic redevelopment at the waterfront which will include in the future the Victoria and Albert Museum. Dundee is very diverse with a mixture of culture, history and education. There are excellent amenities which include road, rail and air links, primary, secondary and higher education, high street, city centre and retail park shopping as well as many restaurants, theatres, clubs and cultural events.




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PURCHASERS NOTES

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× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Nearest stations

  • Dundee (1.1 mi)
  • Broughty Ferry (3.5 mi)
  • Invergowrie (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House Scotland, Glasgow

18 Woodside Place Glasgow G3 7QL

0141 392 0069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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Nearest stations

  • Dundee (1.1 mi)
  • Broughty Ferry (3.5 mi)
  • Invergowrie (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House Scotland, Glasgow

18 Woodside Place Glasgow G3 7QL

0141 392 0069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference GLA0002229. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland, Glasgow . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Scotland, Glasgow on 0141 339 4466.


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