1 bedroom flat for sale

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1 bedroom flat for sale

5A Fleming Gardens East, Dundee, DD3 7LN
£50,000

Our Summary

  • 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

Description

A large, tenanted one-bedroom flat is being auctioned off in a popular buy-to-let location. The Home Report valuation is £65,000, and the property has generated an annual income of £4,800 through rent. With a 10% yield based on the guide price of £50,000, this property is expected to appeal to investors seeking rental income and capital growth. The property is currently tenanted and offers immediate rental income, with the opportunity to increase the rent upon renewal. The location is lively, with local shops, amenities, primary school, harbour, and foreshore nearby. The property will be sold through a timed online auction, with the option to make an immediate offer through the website.
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