Tenanted freehold flat with 10% yield, compliant and income-generating from day one..
Tenanted freehold flat producing £550pcm (started July 2025)
A practical buy-to-let in Dundee offering immediate income and a strong headline yield. The ground-floor one-bedroom flat is sold with a tenant in place (tenancy started July 2025), producing £550pcm, and the numbers deliver a circa 10% gross yield against a £66,000 asking price. The Home Report valuation is £70,000.
The apartment is compact but useable: entrance hall, lounge, kitchen, bedroom with built-in wardrobe, and bathroom — the wet wall was renewed in 2025. Heating is gas central (boiler replaced Nov 2018) and windows are double glazed. The building is a 1970s brick block set in landscaped grounds; broadband is fast and mobile signal excellent.
This is a straightforward hands-off investment for a landlord wanting immediate rental income from a fully compliant property. The sale includes the inventory and is sold as seen; no buyer fees apply.
Be realistic about location and size: the flat sits in a very deprived, hard-pressed area (DD3) which can limit capital growth and tenant profiles. The accommodation is average-sized and best suited to single occupiers or couples; the property requires no immediate compliance work but is offered with minimal decorative updating.