Two-bed ground-floor flat with renovation potential and strong rental prospects.
20% discount against £155,000 Home Report valuation
This two-bedroom ground-floor flat sits in a Georgian mid-terrace in central Dunbar, steps from the harbour and local amenities. The property offers a west-facing living room, modern kitchen units, two double bedrooms, a family bathroom and a private rear garden with an elevated terrace — good fundamentals for either a seaside home or a rental. Double glazing and gas central heating are already in place.
The flat needs renovation and some damp remediation; the guide price reflects a 20% discount against the Home Report valuation. With post-works improvement, the property could increase in value and achieve an estimated 9% rental yield at LHA levels, making it a realistic project for investors or owner-occupiers seeking value-add potential.
Note this property will be sold at auction. A buyer’s premium applies (3.6% of the purchase price, minimum £3,600, inclusive of VAT). No tests have been made of services or fittings, and the sale is offered on a freehold basis. Council Tax Band B and fast broadband are additional positives for practical day-to-day use.
Dunbar’s coastal location, good transport links to Edinburgh, beaches and local schools make this a convenient base for families or an attractive let for holiday and longer-term tenants. The property is best suited to buyers willing to take on renovation and remedial works to realise its full potential.
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