Summary - 132, NETHERGATE DD1 4ED
3 bed 1 bath Flat
**Standout Features:**
- Three spacious bedrooms
- Open plan living/kitchen area
- Existing HMO license, renewed until September 2024
- Investment potential with current rental income of £1,200/month (previously £1,450)
- Excellent transport links and amenities in vibrant West End
- Freehold tenure
- Fast broadband and excellent mobile coverage
**Summary:**
Discover an exceptional investment opportunity in Dundee's sought-after West End with this charming three-bedroom flat, ideally situated on the first floor of a Victorian period building. With a well-designed open plan living area and modern kitchen—complete with integrated appliances—this apartment combines comfort with practicality, perfect for students or professionals desiring urban living. Embrace the allure of high ceilings and large arched windows that flood the space with natural light, enhancing its welcoming ambiance.
Currently tenanted and boasting an existing HMO license, this property achieves a commendable rental yield of approximately 9%, appealing to savvy investors. Step outside, and you'll find yourself surrounded by an array of amenities, including supermarkets, cafes, and recreational opportunities along the picturesque riverfront. With easy access to transportation links and educational institutions, this offers an unbeatable lifestyle for residents while ensuring consistent rental demand.
However, potential buyers should note that the property resides in an area labeled as 'very deprived', which may influence investment considerations. Overall, whether you are looking to expand your property portfolio or find a spacious home with rental potential, this flat provides versatility and value that shouldn’t be missed.
3 bedroom flat for sale in 232 Perth Road, Dundee, DD1 4LL, DD1 — £175,000 • 3 bed • 1 bath • 807 ft²
3 bedroom flat for sale in Crichton Street, Dundee, DD1 — £110,000 • 3 bed • 1 bath
3 bedroom flat for sale in 7 (2F2) Ellen Street, Dundee, DD1 — £90,000 • 3 bed • 1 bath • 617 ft²
1 bedroom flat for sale in St Andrews Street, Dundee, DD1 — £68,995 • 1 bed • 1 bath • 494 ft²
2 bedroom flat for sale in Hawkhill, Dundee, DD2 — £130,000 • 2 bed • 1 bath • 657 ft²
3 bedroom flat for sale in Flat 6, 84 Broughty Ferry Road, East End, Dundee, DD4 — £95,000 • 3 bed • 1 bath • 853 ft²
