£50,000 Guide Price

Unit 4, 70-108, Seagate, Dundee, DD1 2ET

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Type

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Occupation

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Attractive Development Opportunity

Details

Property Summary


  • Prime Property Auctions New Entry – Large Commercial unit on busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***

  • Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!

  • Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle once renovated.

  • Potential to convert to residential with massive rental upside (Subject to planning and gaining the necessary permission).

  • Property is situated on an attractive main road, benefiting from easy access and passing trade.


 

Prime Property Auctions New Entry – Fantastic renovation opportunity. Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***

The property comprises: One floor with massive open plan, storage space as well as a bathroom. 

If potential to convert to flats, 1 bedrooms in the area are achieving £650 - £750 PCM (£7,800- £9,000 P/A) and 2 bed flats achieve £900-£1,000 PCM (£10,800 - £12,000 P/A).

Alternatively, if the property was to be kept as a commercial, unit could achieve £20,000 P/A ***HIGH YIELD POTENTIAL*** 

Property is vacant as there must be renovations done to bring it back to standard. 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 nestled on the north bank of the River Tay, approximately 60 miles north of Edinburgh and 13 miles east of Perth. The vibrant city boasts a resident population of around 150,000, offering a perfect blend of scenic beauty and urban convenience. The City Centre stands as the bustling heart of Dundee's retail district, filled with charming shops, cafes, and local businesses. A well-designed road and rail network provides easy access to and from the area, ensuring seamless connectivity for residents and visitors alike. Surrounding the city, you'll find a mix of residential and commercial properties, creating a vibrant community atmosphere.

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 –Commercial shop in busy main street of Dundee. Massive development opportunity! Huge potential rental income once renovated and let!***£50,000 GUIDE PRICE***
  • Excellent development Opportunity for shrewd builders/investors/developers looking for an exceptional opportunity for a commercial investment, in an area with great rental demand!
  • Sure to appeal to investors/builders looking for a massive development opportunity that will produce a lucrative income vehicle.
  • Potential to renovate to to residential with massive rental upside.Subject to planning and gaining the necessary information.
  • Property is situated on an attractive main road plot, benefiting from easy access and lots of passing trade.

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Unit 4, 70-108, Seagate, Dundee, DD1 2ET

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