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2 St Andrews Lane, Flat 1, Dundee, DD1 2EY

Opening Bid

£175,000

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Opening Bid

£175,000

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Flat

Residential

Occupied

2 St Andrews Lane, Flat 1, Dundee, DD1 2EY

3

bed

4

bath

1

reception

Council tax: C

freehold

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Excellent HMO Investment

Description

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

  • **128, South Victoria Dock Road, Dundee DD1 3BQ sold for £270,000, 77f, Ann Street, Dundee DD3 7TF sold for £262,000**

  • Each room is currently occupied with a combined rental income generating £2,040 per calendar month /  £24,480 per annum, offering a substantial yield of 13.9% based on a guide price.

  • This attractive HMO property is not only a lucrative buy-to-let opportunity but also shows fantastic capital growth potential, making it ideal for investors seeking a high-yielding, turn-key investment.

  • Situated in a sought-after buy-to-let location, this property is perfect for investors looking for an immediate cash-flowing investment, representing an excellent turn-key opportunity.

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

The property comprises a welcoming living room space, a well-equipped kitchen, and three large bedrooms, each with its own en suite and separate shower room.

Each room is currently occupied with a combined rental income generating £2,040 per calendar month /  £24,480 per annum, offering a substantial yield of 13.9% based on a guide price.

This attractive HMO property is not only a lucrative buy-to-let opportunity but also shows fantastic capital growth potential, making it ideal for investors seeking a high-yielding, turn-key investment.

Situated in a sought-after buy-to-let location, this property is perfect for investors looking for an immediate cash-flowing investment, representing an excellent turn-key opportunity.

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

Excellent sales evidence in the area:

**128, South Victoria Dock Road, Dundee DD1 3BQ sold for £270,000, 77f, Ann Street, Dundee DD3 7TF sold for £262,000**

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, located on the eastern coast of Scotland, is a vibrant city known for its rich history and dynamic cultural scene. As a hub of education and innovation, Dundee offers a welcoming community environment coupled with proximity to stunning natural landscapes and the River Tay, making it an appealing location for residents and investors alike.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£23,800

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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.