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584 Charleston Drive, Dundee, DD2 4AB

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£85,000

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Guide Price

£85,000

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Flat

Residential

Occupied

584 Charleston Drive, Dundee, DD2 4AB

2

bed

1

bath

1

reception

freehold

Incredible Investment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom flat located within a prime location in Dundee.

  • **61, Earn Crescent, Dundee DD2 4BS sold for £109,000 in Aug 2024, 415, Charleston Drive, Dundee DD2 4HR sold for £98,000 in Aug 2022**

  • Currently generating a rental income of £800 per month (£9,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns with an exceptional gross yield of 11.2%, making it an incredible high-yield investment potential.

  • This flat is sure to appeal to shrewd buy-to-let investors looking for a turnkey, high-yielding opportunity. With great potential for capital growth in the thriving market, it stands as a fantastic financial prospect.

  • Located in a prime area, this flat offers unparalleled convenience and accessibility, close to various local amenities, enhancing its desirability and making it a superb choice for those seeking a convenient lifestyle.

PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom flat located within a prime location in Dundee.

The property comprises a beautifully presented two-bedroom home located in a secure, well-maintained building featuring a large shared garden, private parking space, bin store, and a large locked storage cupboard on the ground floor. Ideally positioned at the entrance to Ninewells Hospital and Dundee University’s medical campus, with bus routes and local shops close by. The property has been newly decorated throughout with new carpets and flooring and benefits from double glazing and a clean, welcoming entrance close. Inside, the spacious downstairs hall features new flooring, a lit alcove, and a large walk-in storage cupboard, leading to a well-equipped kitchen with fridge/freezer, hob, and oven. The window offers scenic views over the River Tay, while the spacious living room enjoys dual-aspect windows and stunning river views, along with a large walk-in cupboard. Upstairs, there is a generous master double bedroom with two windows providing panoramic views of the Sidlaws and the River Tay. The second large double bedroom comes with its own walk-in wardrobe and equally impressive views. A modern bathroom completes this superbly located and exceptionally well-presented property, featuring a white suite, electric shower over bath, WC, flooring, extractor fan, large mirror, and excellent storage space.

Currently generating a rental income of £800 per month (£9,600 per annum), this property represents an outstanding opportunity for investors seeking substantial returns with an exceptional gross yield of 11.2%, making it an incredible high-yield investment potential.

This flat is sure to appeal to shrewd buy-to-let investors looking for a turnkey, high-yielding opportunity. With great potential for capital growth in the thriving market, it stands as a fantastic financial prospect.

Located in a prime area, this flat offers unparalleled convenience and accessibility, close to various local amenities, enhancing its desirability and making it a superb choice for those seeking a convenient lifestyle.

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:

**61, Earn Crescent, Dundee DD2 4BS sold for £109,000 in Aug 2024, 415, Charleston Drive, Dundee DD2 4HR sold for £98,000 in Aug 2022**

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 in Scotland known for its rich history, cultural landmarks, and thriving academic community. It offers an excellent quality of life with its stunning waterfront, diverse dining options, and vibrant arts scene. With extensive transport links and proximity to local amenities, Dundee is an ideal location for both investors and residents.

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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)

£14,500

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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.