House For Sale £205,000
Prime Investment Property. Tenanted 5 Bedroom HMO end terraced house located in a sought after buy to let location of Dundee. Currently Producing £19,200 Gross per annum.
Property Comprises: Entrance vestibule, Hallway, utility room leading to internal garage, Large dining kitchen with patio doors leading to rear garden. Living room, 5 Bedrooms, Three Bathrooms/Shower Rooms(one En-Suite) and Separate Cloakroom.
Property benefits from Gas Central heating, Double Glazing, Large room sizes, Ample storage throughout, Drive with garage, private garden to rear.
Property is currently tenanted on a prt Agreement and has an HMO license. The Current rent is £1,600 per calendar month which produces a gross annual income of £19,200. Market rent is £1,750 which would produce a gross annual rent of £21,000. Property currently produces a Gross rental yield of 10% at the Opening Bid price of £185,000.
Property is currently managed by a professional management agent specialising in HMO rentals. The property will be sold with all Inventory items.
Excellent Investment Opportunity with Capital Growth Potential
*** 21, Friary Gardens, Dundee DD2 2PA Previously sold for £245,000,6, Friary Gardens, Dundee DD2 2PA previously sold for £245,000 ***
This property is sure to appeal to investors looking to purchase a high yielding investment in a sought after location. The tenant demand within Dundee is Strong with Dundee and Abertay universities close by.
Location
Scotland's fourth largest and notably sunniest city, Dundee lies on the east coast, on the Firth of Tay estuary, and was recently voted by the Sunday Times as one of the top twelve places to live in Britain. A historic port and now a unesco City of Design, Dundee is brimming with culture; boasting a regenerated waterfront with two nautical museums (rrs Discovery, Captain Scott's Antarctic expedition ship, and the 19th-century warship, hm Frigate Unicorn) and the architectural triumph of the newly opened V & A Dundee, Scotland's first design museum. Further museums, arts centres and theatres can be found across the city, along with a vibrant array of bars and restaurants. A wildlife centre, cinemas and excellent sports and leisure facilitates are also on offer. Largely walk-able, Dundee provides a delightful and convenient shopping experience, hosting a wide selection of high-street retail outlets, shopping centres (one with a large public library) and supermarkets. The city provides education at all levels, with private and state institutions and one of the UK's leading universities. Major road and rail links connect Dundee to the rest of Scotland and further afield, whilst Dundee airport also offers regular flights to London Stanstead.
Property Comprises: Entrance vestibule, Hallway, utility room leading to internal garage, Large dining kitchen with patio doors leading to rear garden. Living room, 5 Bedrooms, Three Bathrooms/Shower Rooms(one En-Suite) and Separate Cloakroom.
Property benefits from Gas Central heating, Double Glazing, Large room sizes, Ample storage throughout, Drive with garage, private garden to rear.
Property is currently tenanted on a prt Agreement and has an HMO license. The Current rent is £1,600 per calendar month which produces a gross annual income of £19,200. Market rent is £1,750 which would produce a gross annual rent of £21,000. Property currently produces a Gross rental yield of 10% at the Opening Bid price of £185,000.
Property is currently managed by a professional management agent specialising in HMO rentals. The property will be sold with all Inventory items.
Excellent Investment Opportunity with Capital Growth Potential
*** 21, Friary Gardens, Dundee DD2 2PA Previously sold for £245,000,6, Friary Gardens, Dundee DD2 2PA previously sold for £245,000 ***
This property is sure to appeal to investors looking to purchase a high yielding investment in a sought after location. The tenant demand within Dundee is Strong with Dundee and Abertay universities close by.
Location
Scotland's fourth largest and notably sunniest city, Dundee lies on the east coast, on the Firth of Tay estuary, and was recently voted by the Sunday Times as one of the top twelve places to live in Britain. A historic port and now a unesco City of Design, Dundee is brimming with culture; boasting a regenerated waterfront with two nautical museums (rrs Discovery, Captain Scott's Antarctic expedition ship, and the 19th-century warship, hm Frigate Unicorn) and the architectural triumph of the newly opened V & A Dundee, Scotland's first design museum. Further museums, arts centres and theatres can be found across the city, along with a vibrant array of bars and restaurants. A wildlife centre, cinemas and excellent sports and leisure facilitates are also on offer. Largely walk-able, Dundee provides a delightful and convenient shopping experience, hosting a wide selection of high-street retail outlets, shopping centres (one with a large public library) and supermarkets. The city provides education at all levels, with private and state institutions and one of the UK's leading universities. Major road and rail links connect Dundee to the rest of Scotland and further afield, whilst Dundee airport also offers regular flights to London Stanstead.
