18 Staffa Place, Dundee, DD2 3HL

Description

• PRIME NEW LISTING. We are excited to present this vacant 3-bedroom detached bungalow located within a prime location in Dundee.

• **2 Mericmuir Place, Dundee DD3 9AQ sold for £170,000**; **28 Gullane Avenue, Dundee DD2 3BU sold for £189,000**; **30 Charlotte Street, Dundee DD3 8QP sold for £235,000**

• This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project. With significant rental and capital growth potential, it denotes a rare opportunity with a Home Report valuation of £150,000.

• Post-renovation, the property is anticipated to achieve a rental income of £900 to £950 per month, generating an impressive annual revenue of £10,800 to £11,400. This could yield an excellent gross return of 9% to 10% if purchased at the guide price.

• The bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home. The contemporary redesign possibilities present a truly unique renovation project.

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom detached bungalow located within a prime location in Dundee.

The property comprises a welcoming hallway, a spacious and inviting lounge, three generously sized bedrooms, a well-equipped kitchen, and a modern shower room with WC.

This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project. With significant rental and capital growth potential, it denotes a rare opportunity with a Home Report valuation of £150,000.

Post-renovation, the property is anticipated to achieve a rental income of £900 to £950 per month, generating an impressive annual revenue of £10,800 to £11,400. This could yield an excellent gross return of 9% to 10% if purchased at the guide price.

The bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home. The contemporary redesign possibilities present a truly unique renovation project.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**2 Mericmuir Place, Dundee DD3 9AQ sold for £170,000**; **28 Gullane Avenue, Dundee DD2 3BU sold for £189,000**; **30 Charlotte Street, Dundee DD3 8QP sold for £235,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Dundee is a vibrant city located on the eastern coast of Scotland, renowned for its rich history, culture, and contemporary amenities. With an array of shops, restaurants, and parks, Dundee offers a high quality of life and easy access to Scotland's beautiful landscapes.

Map

Need help funding this purchase?

Virtual Tour

Play Video: 18 Staffa Place, Dundee, DD2 3HL

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.