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1 bedroom flat for sale
Morgan Street, Dundee, DD4
£49,999
Morgan Street, Dundee, DD4
£49,999
Price History
Initial price | £52,995 |
10/01/25 | £49,999 |
Price Change | -5.65% |
Description
This tenanted buy-to-let investment property in Dundee is a third-floor flat that features an entrance hallway, lounge, kitchen, bedroom, and bathroom. The property benefits from electric heating and being compliant for the rental market, with a short walk to the city center. The current tenant has been resident since July 2019, generating an annual rental income of £5,400, which represents an immediate yield of 11%. The property is being sold as seen, with all inventory items included, and has a Home Report value of £55,000. Dundee is a vibrant city with a rich culture, historic port, and regenerated waterfront, offering a range of attractions, museums, arts centers, and sports facilities. With excellent road and rail links, as well as a major airport, Dundee is a convenient location for tenants and investors alike.