Flat for sale in Morgan Street, Dundee DD4
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- Home Report : £55,000
- 1 Bedroom
- Current Rental £450pm
- Current Yield 10%
- Unfurnished Let
- 37 sq m
- EPC Rating: E
- No Buyer Fees
Property description
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 July 2019 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,400 which represents an immediate yield of 10%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £55K.
Scotland’s fourth largest and notably sunniest city, Dundee lies on the east coast, on the Firth of Tay estuary, and was recently voted by the Sunday Times as one of the top twelve places to live in Britain. A historic port and now a unesco City of Design, Dundee is brimming with culture; boasting a regenerated waterfront with two nautical museums (rrs Discovery, Captain Scott’s Antarctic expedition ship, and the 19th-century warship, hm Frigate Unicorn) and the architectural triumph of the newly opened V & A Dundee, Scotland’s first design museum. Further museums, arts centres and theatres can be found across the city, along with a vibrant array of bars and restaurants. A wildlife centre, cinemas and excellent sports and leisure facilities are also on offer. Largely walkable, Dundee provides a delightful and convenient shopping experience, hosting a wide selection of high-street retail outlets, shopping centres (one with a large public library) and supermarkets. The city provides education at all levels, with private and state institutions and one of the UK’s leading universities. Major road and rail links connect Dundee to the rest of Scotland and further afield, whilst Dundee airport also offers flights to London City Airport.
Property info
For more information about this property, please contact
Portolio, EH12 on +44 131 268 9576 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portolio, and do not constitute property particulars. Please contact Portolio for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.