Summary - FLAT 1, 4, ST ANDREWS LANE DD1 2EY
3 bed 3 bath Flat
Turnkey cash-flowing investment in a student-focused area.
Occupied 3-bed HMO producing £1,980 pcm (£23,760 pa)
A high-yield, three-bedroom HMO in central Dundee, offered freehold and currently let, provides immediate rental income and clear upside for investors. The property produces £1,980 pcm (£23,760 pa), giving an indicative yield of 14.4% at the guide price and strong short-term cash flow for a buy-to-let portfolio.
The flat comprises a living room, modern kitchen and three bedrooms each with en suite bathrooms — a layout that appeals to students and professional sharers. One occupant (bedroom 2) is due to vacate on 11 July 2025, giving potential for a rent review or re-let. Mobile signal is excellent; broadband speeds are average.
This lot will be sold at a timed online auction and is offered at a discounted guide price to encourage sale. The location sits in a cosmopolitan student and commuter neighbourhood with plentiful local amenities and proven recent sales in the area, supporting both rental demand and capital growth prospects.
Buyers should note material considerations: the area is classified as very deprived, the building shows mid-20th-century concrete/brutalist features and may require modernization or ongoing maintenance. The sale is auction-format — purchasers must be prepared to complete on auction terms and carry out any remedial works after purchase.
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