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

Opening Bid

£160,000

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Opening Bid

£160,000

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Flat

Residential

Occupied

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

3

bed

4

bath

1

reception

Council tax: C

freehold

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Excellent Investment Opportunity

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**

  • The property offers a combined rental income generating £1940 per calendar month, equating to £23280 per annum, providing a substantial yield of 14.5% based on a guide price, an exceptional opportunity for investors.

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

  • Situated in a sought-after buy-to-let location, this property is sure to appeal to investors looking for an immediate cash flowing investment that is ready to go.

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

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

The property offers a combined rental income generating £1940 per calendar month, equating to £23280per annum, providing a substantial yield of 14.5% based on a guide price, an exceptional opportunity for investors.

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

Situated in a sought-after buy-to-let location, this property is sure to appeal to investors looking for an immediate cash flowing investment that is ready to go.

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.

OCCUPANT IN BEDROOM 2 DUE TO VACATE ON AUG 25

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, known as Scotland's sunniest city, offers a vibrant cultural scene, beautiful waterfront, and excellent transport links, making it a desirable location for both investors and residents 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)

£22,000

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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.