Summary - 3/1, 118, ALBERT STREET DD4 6QN
1 bed 1 bath Flat
Immediate rental income from a compliant one-bedroom flat with included inventory.
Buy-to-let sold with tenant in situ since Sept 2021
A compact, income-producing one-bedroom flat in central Dundee, offered as a buy-to-let with tenants in situ. The property is freehold, fully compliant for rental, and produces £390 pcm (annual £4,680), giving an immediate yield of about 9% at the asking price. The home report valuation is £55,000; the sale price is £52,000 and includes the current inventory.
Set on the third (top) floor of a traditional stone tenement, the apartment comprises hallway, living room, kitchen, bedroom and internal bathroom. Practical features for landlords include double glazing, electric heating and an EPC rating of C. The tenant has been resident since September 2021, so the purchase provides rental income from day one.
Notable considerations: the flat is small (approx. 40 sq m / 430 sq ft) and located in a very deprived area within a cosmopolitan, student-heavy neighbourhood — this supports rental demand but may limit capital growth and affects local services. The property is sold as seen and will require standard landlord oversight (maintenance, periodic redecoration and safety checks). No flood risk is recorded.
This is a straightforward, low-management investment for a buyer seeking immediate income and a hands-off entry into Dundee’s lettings market. The combination of tenancy in place, included inventory and a modest purchase price simplifies acquisition, while the building’s period character and central location help maintain letting appeal.
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