Staffa Place, Dundee DD2 3 bed detached bungalow for sale

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Staffa Place, Dundee DD2 3 bed detached bungalow for sale

Staffa Place, Dundee DD2
£125,000

Our Summary

  • *2 Mericmuir Place, Dundee DD3 9AQ sold for £170,000*; *28 Gullane Avenue, Dundee DD2 3BU sold for £189,000*; *30 Charlotte Street, Dundee DD3 8QP sold for £235,000* This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project
  • The bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home
  • The contemporary redesign possibilities present a truly unique renovation project
  • This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project
  • 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 bungalow would benefit greatly from a modern update to unlock its full potential, offering a rare chance for a family to customise and design their dream home
  • • This property is situated in a sought-after area, making it a fantastic prospect for a savvy investor seeking their next renovation project

Description

This vacant 3-bedroom detached bungalow in Dundee is a prime new listing with significant renovation potential. Situated in a sought-after area, the property offers a rare opportunity for a savvy investor to purchase at a discount and renovate to unlock its full potential. With a Home Report valuation of £150,000, the property is expected to achieve a rental income of £900-£950 per month after renovation, generating an impressive annual revenue of £10,800-£11,400. This could yield a gross return of 9-10% if purchased at the guide price. The bungalow would benefit greatly from a modern update, offering a rare chance for a family to customize and design their dream home. With excellent sales evidence in the area, this property presents a unique renovation project with significant rental and capital growth potential.