Semi-detached house for sale in Alloway Terrace, Dundee, Angus DD4
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Property features
- Outstanding 23% discount against £90,000 Home Report
- Rental income from day one
- Increased rental potential on vacant possession
- Opportunity to add value through upgrade
- Popular residential area
- Wheelchair accessible
Property description
Three bedroom semi-detached
Coming to auction is this three bedroom semi-detached in Alloway Terrace, a popular residential area approximately two miles north east of Dundee city centre. The accommodation, over two levels, comprises lounge, kitchen and WC on the entrance level, with the upper floor offering three bedroom and family bathroom. Additional features include gas central heating, double glazing, front and rear gardens, and shared parking area. It should be noted that the construction type is non-traditional and may not be acceptable to all lenders. The property is currently tenanted at £792 pcm which offers cashflow from day one equating to 13.6% rental yield at Guide Price, but the current owner has served notice which may open up greater levels of income when ultimate vacant possession is achieved. There is a great opportunity to add value through upgrade works which, allied with an outstanding 23% discount against Home Report valuation of £90,000, is sure to appeal to buy to let investors looking for immediate strong rental yield and added value potential. Early expression of interest is essential. Council Tax Band: A
The city of Dundee is the fourth largest city in Scotland and sits on the north bank of the River Tay. Diversity is the norm in Dundee, with an eclectic mix of culture, education, history, shopping and night life. The city is growing and developing, with the waterfront undergoing massive development. Amenities are plentiful, including excellent road and rail links, primary, secondary and higher education facilities, both high street and city centre shopping as well as many eateries, theatres, social clubs and cultural event
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Property info
57Allowayterracedundeedd48Aj-High (1) View original
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