Summary - FLAT 4/2, 32, SEAGATE, DUNDEE DD1 2EQ
4 bed 1 bath Flat
High-yield ready-let apartment near universities and transport links.
Immediate annual income £20,400 (current rent £1,700pcm)
This top-floor, four-bedroom HMO in central Dundee offers immediate, hands-off rental income for a buy-to-let investor. Fully HMO compliant and sold with tenants in situ, the property produces a current annual rent of £20,400 (gross yield c.15% on the asking price), so income starts from day one. The flat is furnished and includes inventory as part of the sale.
The apartment sits within a historic sandstone corner building on Seagate, steps from Dundee Bus Station and within easy reach of both universities, shops, cafés and nightlife—a location that consistently appeals to students and city-centre professionals. Practical features include gas central heating, double glazing and an EPC rating of C, plus good broadband and excellent mobile signal for modern tenants.
Notable constraints are the flat’s modest overall size (c.78 sq m / 829 sq ft listed) and a single shared bathroom for four rooms, which can affect tenant turnover and management. The area is described as very deprived, and the building shows some commercial-level wear to street-level façades; the flat is sold as seen, so buyers should expect some routine maintenance and cosmetic repair work. The sale is freehold but is offered specifically as a buy-to-let investment with the current tenancy remaining in place.
This is a clear choice for investors seeking a high-yield, city-centre HMO with low vacancy risk. It is less suitable for a buyer seeking a large, private family home or someone wanting an empty purchase for immediate personal occupation.
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