£165,000 Guide price
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 12.7%
AreaDundee 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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