0141 674 1833

Provost Road Dundee, DD3

1 bedroom Flat in Dundee

Sold
Fixed Price £60,000
Current Yield 8.1 %
Potential Yield 9 %
Property Reference: 193231948
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 40 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Three Piece Bathroom
  • Dundee City Centre Location - Perfect for Renters!
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a spacious 1 bedroom flat located on the outskirts of the Dundee City Centre. It has been kept in good condition, has a long term tenant currently situated and is able to generate a fantastic return on investment.

For investors in Dundee, this would be a brilliant addition to your portfolio!

The home is neutrally decorated throughout and features electric heaters, 1 bedroom, a three-piece bathroom, a spacious lounge and kitchen.

Investment details

The property currently produces an annual gross income of £4,860 which could be increased by the new owner to a market rate of £5,400 with long term 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 in viewing the Home Report, please call us.

Tenancy Details

The current tenant has consistently paid their rent for the duration of their stay and do not have any intentions to move out so hope to remain in the property.

Location

Thanks to its close proximity to the city centre, access to the Dundee University and countless office spaces can be done easily from the property. For students or young professionals that are looking to rent, this would be perfect.

Not only that but there are countless amenities surrounding the property which are within walking distance; these include various supermarkets, convenience stores, bars & restaurants, cafes, leisure facilities and parkland areas.

Access onto the A92 Main Road can also be done easily from the property and as the Dundee Train Station is also available in the city centre, convenient travel links are made available to the tenant.

Living Space/lounge

The lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The property has a spacious kitchen that is the ideal size for the occupants.

Bathroom

A lovely three-piece bathroom is found on the property that is in good condition and consists of a wash basin, W.C. and bathtub.

Bedrooms

The bedroom is a fantastic size and has enough room for double sized bed, bedroom furniture and storage cabinets.

Exterior

There is a communal garden grounds and on street parking is found outside the property.

Let Property 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 fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: A
Property Reference: 193231948

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £405
  • Potential Rent pcm: £450
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Employment
Property Reference: 193231948
Property Reference: 193231948

Property Location

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Request DetailsProvost Road Dundee, DD3

Fixed Price £60,000

Make an offer
Provost Road Dundee, DD3

Listing Price

Fixed Price £60,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. 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. Terms and payment details will be provided upon verbal acceptance of your offer.