We are pleased to present back to the market, this top-floor studio apartment situated in a well-liked area popular among students. Great investment opportunity. Annual rental yield around 12%.
Description
This property is back to the market due to the previous sale fallen through.
A great opportunity to purchase this well presented studio in a sought after area, West of Dundee.
The accommodation is situated on the top floor of a 3-storey tenement block.
Freshly decorated throughout, the property could benefit from a small upgrade to the kitchen area and new flooring.
Living / Bedroom space with fitted wardrobes. Double glazed window overlooking street.
Kitchen area with white goods (could be offered as part of the sale or not). Space for a small dining table and two chairs. Double glazed window views over Dundee.
Bathroom with a three piece white suite with a shower over the bath.
Externally
To the rear of the block there is an enclosed shared garden.
Location
An ideal location within walking distance of many local amenities including the town centre, local shops and within walking distance to Universities.
Information that may be useful to possible investors
We have managed this property for a number of years on behalf of the Owner. The most recent rent was £525 per month.
The property is now vacant. The building itself is being investigated for possible rot, which will be reflected in the price. Offers are welcome.
Home report valuation 50k.
Council tax band: A, Tenure: Freehold, EPC rating: D