4 bedroom flat for sale

Tenanted 4 bedroom student accommodation in the centre of Dundee. This purpose built student accommodation is only a short walk from Dundee and Abertay Universities, there is also a bus stop directly outside with buses running every 8 minutes to St Andrews University. The accommodation comprises four double bedrooms each with its own ensuite shower room and large open-plan kitchen/living space. The property benefits from double glazing and electric heating. In January 2025, The Hub owners formed a Limited Company by Guarantee. All owners are members with a minimal liability of £1. Rental income is paid monthly to owners based on rooms owned and types as increments depending on room types owned. A service charge budget is agreed annually by owners by vote to cover all running costs & lifecycle projects. Service charge incs, buildings insurance, WIFI, electricity, minor repairs, call outs along with staff wages, marketing, website, bookings software, legal/bank fees and annual compliance servicing. HMO licence every 3 years (2025 cost £1290) this is deducted from rental statements and process organised by site management.Dundee is only an hour away from the central belt and it benefits from its proximity to the river Tay and to the unspoiled beauty of Scotland’s highlands on its doorstep. The regeneration of the city as part of a £1 billion investment continues apace, with changes most notable around the waterfront where the city meets the River Tay. Dundee is popular with buy-to-let investors due to its strong yields and approximately 20,000 students split between Dundee and Abertay universities providing strong demand for good quality accommodation.