An excellent opportunity to purchase a tenanted two-bedroom ground floor flat in the popular market town of Castle Douglas. This property is being sold with the tenant in situ, making it a ready-made buy-to-let investment with rental income from day one. Accommodation comprises: bright lounge, a fitted kitchen, two bedrooms, and a bathroom. Externally, the property benefits from private gardens. Built in the 1930s, the property benefits from gas central heating, double glazing, and full rental compliance.The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, and the tenant has been resident since October 2023, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,240, which represents an immediate yield of 7.8%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £90K.Castle Douglas is a vibrant market town in Dumfries and Galloway, known for its thriving independent shops, excellent schools, and strong community spirit. Popularly called the ‘Food Town’, it attracts families, professionals, and retirees alike, ensuring consistent tenant demand. With property prices typically more affordable than in Scotland’s larger cities, investors can secure strong rental yields alongside excellent long-term growth potential. Steady rental demand and lower entry costs make Castle Douglas an appealing and reliable location for buy-to-let investment.
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.
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