The property is currently tenanted and being sold with tenants in situ, offering a ready-made investment opportunity. It also benefits from a valid HMO licence, making it particularly appealing to investors targeting the buoyant student and professional rental market in Dundee. The current rental amount is being charged at £1,425 per callender month offering an attractive yield of 10.69%.
Internally, the property comprises generous living accommodation across two floors, with three well-sized bedrooms, a bright and spacious lounge, modern fitted kitchen, and family bathroom. Additional benefits include gas central heating, ample storage, and a layout that comfortably supports multiple occupants.
Dundee is Scotland’s fourth-largest city, known for its vibrant mix of culture, education, and innovation. The ongoing redevelopment of the waterfront, including the renowned V&A Museum, has further enhanced the city’s appeal. With two universities – the University of Dundee and Abertay University – as well as excellent transport links, shopping, dining, and cultural amenities, Dundee remains a prime location for investment.
This property represents a fantastic opportunity for investors looking to acquire a licensed HMO in an area with strong rental demand and long-term growth potential.
Early viewing is highly recommended to appreciate the size, layout, and excellent investment potential of this property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Gilson Gray - Edinburgh. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Gilson Gray - Edinburgh for full details and further information.