A spacious 3 bedroom flat located in a fantastic area of Newport-on-Tay with long term tenants that are hoping to remain in the property.
This well-kept home is a fantastic size and features 3 large bedrooms, a very spacious lounge and a three-piece bathroom suite.
The property currently produces an annual gross income of £6,600 which could be increased by the new owner to a market rate of £7,800 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.
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
With easy access into Dundee City Centre via the Tay Road Bridge, tenants have countless restaurants, stores, shops and supermarkets made available to them.
They also have access to the Dundee Train Station, the McManus Art Gallery & Museum and the University of Dundee, making the property ideal small families, young professionals and even students.
The property has a kitchen in good condition with a gas fired hob, a fridge/freezer and washing machine.
This is also where the modern boiler is found.
With a large surface area, the lounge makes for an ample living area with lots of space for furniture and family gatherings. It has carpeted flooring and is in great condition.
The lovely three-piece bathroom is also a good size and features a wash basin, W.C. and bathtub.
All 3 bedrooms are large in size with more than enough room for king sized beds and bedroom furniture.
On-Street parking is available around the property.
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.