Immediate rental income in a period building near universities and transport.
Tenanted and fully compliant, income from day one
This one-bedroom first-floor flat in central Dundee is offered as a buy-to-let with tenants in situ, providing immediate rental income. The property sits in a Victorian stone building within the Dundee Central Conservation Area and benefits from double glazing, city-centre access and proximity to universities, transport hubs and the waterfront redevelopment.
The property is fully compliant and currently produces £455 pcm (£5,460 pa), giving a stated yield of 8.4% at the asking price. It is freehold, sold as seen with inventory included, and the Home Report valuation is £70,000 — providing a potential margin for purchasers paying the current price of £64,995.
Notable practical details: heating is via Dimplex electric storage heaters with hot water from an immersion tank, and the EPC is rated D. There is no visible garden space and the building lies in a very deprived local area, factors investors should weigh against the strong rental demand from students and commuters.
This lot suits investors seeking an immediately income-producing, low-management city-centre flat with period character. Budget for limited energy upgrades or heating modernisation to improve EPC and long-term tenant appeal; the property is sold tenanted and fully compliant for a straightforward purchase process.
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