£60,000 Opening Bid

Flat 2/2, 9, Victoria Street, Dumbarton, G82 1HU

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Tenanted Residential Property

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Type

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Occupation

Bedrooms

2

Council Tax

Band: B
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Home Report
Tenanted Residential Property

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Property Summary


  • Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Dumbarton, Scotland. *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** 



  • *** 10e, Victoria Street, Dumbarton, Dumbartonshire, G82 1HT sold for £108,000 in August 2022, 5 Wallace Street, Dumbarton, G82 1HH sold for £110,000 in April 2022 *** 



  • Property has potential to generate an impressive monthly income of £700 - £750 per month. Sure to appeal to a shrewd investor.   



  • Property could command an annual income of £8,400 - £9,000 per annum, giving a gross yield of 12% - 12.8% based on a guide price of £70,000.   

  • Property is currently tenanted at a rent of £525 per calendar month providing an annual income of £6,300 or a gross yield of 9% based on a guide price of £70,000. 


Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Dumbarton, Scotland. *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** 

Property comprises: Entrance Hallway, spacious living room and kitchen area, a well-equipped, 3-piece bathroom and 2 bedrooms.

Property could command an annual income of £8,400 - £9,000 per annum, giving a gross yield of 12% - 12.8% based on a guide price of £70,000.  

*** 10e, Victoria Street, Dumbarton, Dumbartonshire, G82 1HT sold for £108,000 in August 2022, 5 Wallace Street, Dumbarton, G82 1HH sold for £110,000 in April 2022 *** 

Property has potential to generate an impressive monthly income of £700 - £750 per month.
 

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. There is fantastic sales evidence with similar properties selling for much higher: Great opportunity for a high yielding opportunity. 
 

*** 10e, Victoria Street, Dumbarton, Dumbartonshire, G82 1HT sold for £108,000 in August 2022, 5 Wallace Street, Dumbarton, G82 1HH sold for £110,000 in April 2022 ***
 

Property could command an annual income of £8,400 - £9,000 per annum, giving a gross yield of 12% - 12.8% based on a guide price of £70,000.   

 

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 on 0141 459 0201.

 

Location:
 

Dumbarton, located on the outskirts of Glasgow, Scotland, is a town rich in history and natural beauty. Nestled at the confluence of the River Leven and the River Clyde, Dumbarton boasts a picturesque setting that effortlessly combines the charm of a historic town with the urban vibrancy of a nearby city. 

As you approach Dumbarton, the iconic Dumbarton Castle dominates the skyline, perched atop a towering rock formation that offers stunning panoramic views of the surrounding landscape. This ancient fortress, with its origins dating back to the Iron Age, serves as a testament to the area's significance throughout the ages. The castle's rugged silhouette against the backdrop of rolling hills and the shimmering waters of the River Clyde creates a scene of captivating beauty. 

Wandering through the heart of Dumbarton, you'll find a blend of architectural styles that reflect the town's diverse history. Quaint cobblestone streets wind their way past charming shops, cosy cafes, and traditional Scottish pubs. The High Street is a bustling hub where modern conveniences harmoniously coexist with historical landmarks, giving visitors a sense of the town's enduring character. 

Location

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.

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Property Features

  • Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Dumbarton, Scotland. *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** 
  • *** 10e, Victoria Street, Dumbarton, Dumbartonshire, G82 1HT sold for £108,000 in August 2022, 5 Wallace Street, Dumbarton, G82 1HH sold for £110,000 in April 2022 *** 
  • Property has potential to generate an impressive monthly income of £700 - £750 per month. Sure to appeal to a shrewd investor.   
  • Property could command an annual income of £8,400 - £9,000 per annum, giving a gross yield of 12% - 12.8% based on a guide price of £70,000.   
  • Property is currently tenanted at a rent of £525 per calendar month providing an annual income of £6,300 or a gross yield of 9% based on a guide price of £70,000. 

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Flat 2/2, 9, Victoria Street, Dumbarton, G82 1HU

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