Southampton Place, Dundee DD4 3 bed apartment for sale

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Southampton Place, Dundee DD4 3 bed apartment for sale

Southampton Place, Dundee DD4
£45,000

Our Summary

  • Fantastic Refurbishment Opportunity set in the sought-after buy-to-let location In Dundee
  • * The property would benefit from a full renovation to achieve its full potential
  • *RARE OPPORTUNITY* Potential to utilise the BRRR strategy
  • RARE AUCTION PROPERTY
  • Priced to ensure a sale at Auction
  • 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
  • The property would benefit from a full renovation to achieve its full potential

Description

This is a rare opportunity to purchase a property in the sought-after buy-to-let location of Dundee, Scotland, which is ripe for refurbishment. The property has previously sold for £92,000, £140,200, and £110,000, indicating its potential for capital growth. Once renovated, the property is expected to command a monthly rental of £750-£850, generating an annual income of £9,000-£10,200 and a gross yield of 20-23%. The location is ideal for buy-to-let landlords and serviced accommodation operators, with Dundee offering a dynamic cultural scene, waterfront regeneration, and excellent transport links. The property is being sold at a fantastic price to ensure an auction sale, making it an attractive opportunity for shrewd investors looking for a high-yielding investment property.