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Blackness Road, Dundee, DD2

Key features

  • Buy-to-let Investment
  • Tenanted & Fully HMO Compliant
  • Home Report £185,000
  • 3 bedrooms
  • Current rental £1,250pm
  • Current yield 8.1%
  • Furnished let
  • EPC Rating C
  • 79 sq m

Description

This spacious third-floor flat within a traditional tenement building offers an excellent buy-to-let investment opportunity, being sold with the tenants in situ and benefiting from a 3-person HMO licence. Built circa 1900, the property extends to approximately 79 sq m and comprises a hallway, living room with open-plan kitchen, three bedrooms, and a bathroom. The property benefits from uPVC double-glazed windows and gas central heating, with open views across the city. Externally, there is shared garden ground to the rear of the building, enclosed within traditional walls and timber fencing.

The property is being sold with the tenants in situ as a buy-to-let investment. The property currently generates £1,250 per calendar month, with the potential to achieve approximately £1,450 pcm, making it an attractive opportunity for investors seeking strong income from a licensed HMO property. The Home Report value is £185,000.

Dundee continues to grow in popularity with buy-to-let investors due to its strong rental demand, vibrant university population, and ongoing regeneration. With both the University of Dundee and Abertay University nearby, licensed HMO properties are particularly attractive to investors targeting the student and young professional rental markets. Major investment in the city waterfront, alongside a thriving technology and creative sector, has helped drive continued demand for quality rental accommodation. Combined with comparatively affordable purchase prices and solid rental yields, Dundee remains one of Scotland’s most compelling markets for property investors.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Blackness Road, Dundee, DD2

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
Industry affiliations:Industry affiliation logo 0

Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

Affordability

Monthly repayments£844
Property: £ 184,995
Deposit: £ 18,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference 29746022. 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 Portolio, Edinburgh. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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