Summary - FLAT 1, 2, ST. ANDREWS LANE, DUNDEE DD1 2EY
3 bed 4 bath Flat
Turnkey 3-bed HMO in a student/commuter area — immediate income and high yield.
Occupied three-bedroom HMO with each bedroom currently let
Combined rent £2,040 pcm / £24,480 pa; 13.9% yield (based on guide price)
Freehold tenure; property to be sold at timed online auction
Three en suites plus separate shower room; tenant-friendly layout
Located in a very deprived, student/commuter neighbourhood — strong demand
Sold occupied — viewings and vacant possession subject to tenancies
Average broadband; excellent mobile signal for tenants
Auction sale requires buyer due diligence and readiness to complete
This three-bedroom HMO in central Dundee is offered as a cash-flowing, occupied investment with immediate rental income. Each bedroom is let and the current combined rent totals £2,040 pcm (£24,480 pa), producing a reported yield of 13.9% based on the guide price. The property is freehold and will be sold at auction, suitable for buyers who can complete through an auction process.
The flat includes a living room, fitted kitchen, three large bedrooms each with en suite facilities, plus an additional shower room — offers a strong tenant layout for HMO use. Comparable recent local sales (e.g., South Victoria Dock Road and Ann Street) suggest demand and capital-growth potential in the area.
Key practical points: the property is sold occupied, so viewings and vacant possession will be subject to tenancy arrangements. It sits in a very deprived ward, which supports rental demand from students and commuters but may deter owner-occupiers seeking quieter neighbourhoods. Broadband speeds are average, mobile signal is excellent, and council tax is described as affordable.
This lot is being marketed to investors looking for a turnkey, high-yielding buy-to-let with future upside. The auction sale means a quick transaction is possible for prepared buyers; however, purchasers should factor in auction terms, tenancy checks, and any required maintenance or compliance works when calculating returns.
3 bedroom flat for sale in 4 St Andrews Lane, Flat 4, Dundee, DD1 2EY, DD1 — £185,000 • 3 bed • 3 bath
3 bedroom flat for sale in 4 St Andrews Lane, Flat 2, DD1 2EY, DD1 — £170,000 • 3 bed • 1 bath
3 bedroom flat for sale in 4 St Andrews Lane, Flat 3, Dundee, DD1 2EY, DD1 — £175,000 • 3 bed • 3 bath
3 bedroom flat for sale in 2 St Andrews Lane, Flat 2, Dundee, DD1 2EY, DD1 — £160,000 • 3 bed • 4 bath
3 bedroom flat for sale in 4 St Andrews Lane, Flat 1, DD1 2EY, DD1 — £165,000 • 3 bed • 3 bath
4 bedroom apartment for sale in 21 Commercial Street, Dundee, DD1 — £170,000 • 4 bed • 2 bath • 1173 ft²
