Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Current Rental £575pm
- EPC Rating C
- Unfurnished Let
- No Buyer Fees
- 46 sq m
- Current Yield 9.6%
Description
Tenanted 1 bedroom traditional first floor flat in a popular area of Dundee. This tenanted buy-to-let investment property presents an ideal opportunity for investors seeking a well-maintained property with immediate rental income. Positioned within a traditional tenement building, the flat extends to approximately 46 sq m and combines classic period charm with modern enhancements. The property is being sold with a tenant in situ, offering a turnkey investment in a consistently in-demand rental location. Accommodation comprises: spacious lounge with attractive period features including fireplace, picture rail and traditional wood panelling around windows, fitted kitchen, bright double bedroom with fitted mirrored wardrobes and en-suite shower cubicle, and separate bathroom. The property benefits from having gas central heating, double glazing, and being fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, and the tenant has been resident since June 2024, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,900, which represents an immediate yield of 9.6%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £75K.
Situated close to a range of local amenities and well served by public transport, this location is popular with a variety of tenant types, including professionals and students, thanks to its proximity to the city centre, universities, and local employers.