100/2 Victoria Road, Dundee, DD1

INVESTMENT SALE ONLY WITH A YIELD OF 10.75%!!!
Yield based on current rent of £1,165pcm and HR value.
Great opportunity to purchase a spacious two-bedroom and study ground floor apartment in the heart of Dundee. The property is being sold as an investment only with tenants in situ.

Accessed via a communal hall, the accommodation comprises: hallway with storage cupboard; open plan living room/kitchen with storage cupboard, the kitchen has ample wall and base units, coordinating splashback and integrated appliances; two double bedrooms; study/bedroom 3; and bathroom with three-piece white suite with shower over the bath.

The property has the benefit of gas central heating, double glazing and access to a communal rear garden.

The current tenants have resided in the property since July 2023 with the current monthly rental of £1,165pcm. This would provide a fantastic yield of 10.75% based on the home report valuation.

The property is n a dynamic part of Dundee, close to cultural landmarkes and perfect for accessing a wide range of local amenities and facilities within the city centre. The area has a mix of residential buildings, shops, and small businesses in the area. The property is within close proximity to Dundee and Abertay universities and Ninewells Hospital. There are good bus links throughout the city with onward transport links via the A90 and Dundee train station.

The property was refurbished and a furniture package/new appliances installed in April 2023 at a cost of £13,314.66. An additional surcharge of £5,000 will be added to the purchase price.

Under the HMRC Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents.

EPC: D
Council Tax: B - £1156.11 (based on 2024/2025 tax year) – Dundee City Council
Tenure: Freehold
Electricity Supply: Mains connection – The meter and consumer unit are in the hall cupboard.
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Gas – Condensing combination boiler off the lounge.
Broadband: 1000 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street parking

All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.