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Excellent HMO Investment

2 St Andrews Lane, Flat 3, Dundee, DD1 2EY

£185,000
Residential
About this Property
185000
Traditional
Residential
Description

PRIME NEW LISTING. We are excited to present this occupied 3-bedroom HMO located within a prime location in Dundee. 128 South Victoria Dock Road, Dundee DD1 3BQ sold for £270,000; 77f Ann Street, Dundee DD3 7TF sold for £262,000 This exceptional property generates a combined rental income of £1,924 per calendar month, equating to £23,088 annually, offering investors a substantial yield of 12.4% based on a guide price. This attractive HMO property presents not only a lucrative buy-to-let opportunity but also fantastic capital growth potential. It's perfect for investors seeking a high-yielding, turnkey investment that's ready to generate immediate income. Situated in a sought-after buy-to-let location, this property will surely appeal to investors looking for an immediate, cash-flowing investment ready for action. PRIME NEW LISTING. We are thrilled to present this occupied 3-bedroom HMO located within a prime location in Dundee. The property comprises a welcoming and spacious living room, a well-equipped modern kitchen, and three generously sized bedrooms, each featuring its own en suite and separate shower room. This exceptional property generates a combined rental income of £1,924 per calendar month, equating to £23,088 annually, offering investors a substantial yield of 12.4% based on a guide price. This attractive HMO property presents not only a lucrative buy-to-let opportunity but also fantastic capital growth potential. It's perfect for investors seeking a high-yielding, turnkey investment that's ready to generate immediate income. Situated in a sought-after buy-to-let location, this property will surely appeal to investors looking for an immediate, cash-flowing investment ready for action. The property is being offered at a fantastic discount to ensure a sale. This should appeal to anyone looking for a straightforward purchase with excellent upside potential. Excellent sales evidence in the area: 128 South Victoria Dock Road, Dundee DD1 3BQ sold for £270,000; 77f Ann Street, Dundee DD3 7TF sold for £262,000 This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website. This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team. Location Dundee, known as the 'City of Discovery,' is a vibrant city on Scotland's east coast. With a rich history, it offers a blend of cultural attractions, modern amenities, and scenic beauty, making it an attractive place for both residents and investors

Location
More Information
Freehold
St Andrew's Lane
Flat
Planing Authority
Dundee City
Sold Price History

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