Occupied HMO in central Dundee delivering immediate income and a strong advertised yield.
Three bedrooms, each with en suite bathroom
A three-bedroom HMO in central Dundee offering immediate rental income and a strong headline yield. Each bedroom has an en suite, and the property currently produces £1,830 pcm (£21,960 pa), which equates to an advertised yield of c.12.5% at the guide price.
Set within a popular student and commuter neighbourhood, the flat is offered freehold and will be sold at timed online auction. It is occupied by tenants, so purchase will be as a buy-to-let investment with existing occupation and limited access for inspections.
The block is a post‑war, low‑maintenance urban apartment building in a very deprived area — strong rental demand but a location that can affect long‑term capital growth and management costs. Broadband is average; mobile signal is excellent. There is no flood risk and council tax is described as affordable.
Material points for buyers: the lot is sold at auction and marketed at a discount to encourage sale. Buyers should allow for typical HMO management responsibilities and inspect tenancy agreements, condition and any required remedial works before bidding.