Low‑cost, income‑producing one‑bed in central Lochee — suited to buy‑to‑let investors.
Long‑term tenant in situ, producing £4,800 gross pa
A compact one-bedroom flat on High Street, Lochee, presented as a straightforward buy‑to‑let acquisition with a long‑standing tenant in situ. The property is offered freehold, produces a current gross annual income of £4,800 and sits in a town‑centre position with strong local footfall and many nearby amenities.
The flat is small (approximately 420 sq ft) and occupies a period mixed‑use building typical of Dundee High Street. Services appear strong (excellent mobile signal; fast broadband) and there is no recorded flood risk. The property’s size and layout suit single occupants or professionals and will appeal most to investors seeking an income stream rather than owner‑occupiers seeking space or gardens.
Buyers should note material considerations: the wider area is classified as very deprived and local residents include hard‑pressed flat dwellers and migrant families, which may affect tenant demand and management needs. Internal condition and exact floorplan are not fully documented from the supplied information; the living area appears cluttered and would benefit from inspection. A buyer’s premium will apply on sale.
Overall, this is a low‑entry price investment in central Lochee that can deliver immediate rental income. It is best suited to investors or developers prepared to accept a modest current yield, factor in management for a long‑term tenant, and possibly target rent uplift through refurbishment or re‑marketing at market rates.