Summary - 3/1, 118, ALBERT STREET DD4 6QN
1 bed 1 bath Flat
**Standout Features:**
- Fully tenanted 1-bedroom flat in central Dundee
- Compliant for rental market; sold with tenant in situ
- Current rental income of £390/month, yielding 8.5%
- Home Report value of £55,000
- Situated in a cosmopolitan neighbourhood near amenities
- Fast broadband and double glazing
**Property Summary:**
Discover a prime buy-to-let investment opportunity in this charming third-floor 1-bedroom flat, nestled within a classic Victorian tenement in the heart of Dundee. This easily manageable 40 sq m property features a light-filled living room, a cozy bedroom, a practical kitchen, and an internal bathroom, all benefiting from double glazing and electric heating. Currently tenanted, it offers an immediate income of £4,680 per year, ensuring a competitive yield of 8.5% from day one.
Dundee, renowned for its vibrant culture and historic significance, provides a rich lifestyle backdrop with its renowned waterfront, diverse dining options, and extensive recreational facilities. With major road and rail links, as well as local amenities just a stone's throw away, this property appeals to both investors and those looking to enjoy a thriving community. While the property is sold as seen, buyers may consider future conveniences like easy renovation or upgrades to reflect personal style. Don’t miss this opportunity to invest in one of Scotland's most rapidly growing urban locations!
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