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Property ID: 214044106
Potential Monthly Income
£1,200
Potential Yield
7.2%
Tenancy status
Vacant
Capital Appreciation
+4.4%
Exclusive Investment Grade Opportunity

Our latest listing is a portfolio of 6 residential flats and 2 commercial units in Dumfries. For investors looking for a rewarding investment, this is a brilliant opportunity!


This multi-unit property features 6 spacious bedrooms, modern lounge, kitchen and bathroom in good condition. The commercial units are a pub with large primary business area and beer garden, and salon with long term tenants situated. There is also ample parking space. It is situated in a city centre location with close proximity to local amenities and fantastic transport links throughout.


Investment Details


The flats and pub are vacant, only the salon is tenanted at the moment. It currently produces an annual gross income of £4,620 which could be increased by the new owner to a market rate of £14,400 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.


Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£- pcm
Current Rental Yield
-
Potential Market Value Rent
£1200 pcm
Potential Rental Yield
7.2%
Estimated Monthly Capital Appreciation
£733
Area Capital Appreciation Rate
+4.4%

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Council Tax Band

Council Tax Band: A

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
Offers Over
£200,000
Location
Academy Street, Dumfries, DG1 1BZ
Bedrooms
6
Type of property
Portfolio

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
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Yearly Net Profit
Current Yearly Rent
£0
Annual Capital
Appreciation
£4,000
Factor Fees/Service
Charge
Unknown
Other Yearly Costs
None
Indicated
Annual Net Returns
£4,000