Ellen Street, Dundee DD1 2 bed flat for sale

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Ellen Street, Dundee DD1 2 bed flat for sale

Ellen Street, Dundee DD1
£65,000

Price History

Initial price £85,000
12/10/24 £80,000
18/10/24 £78,000
26/10/24 £76,000
01/11/24 £70,000
08/11/24 £68,000
14/11/24 £66,000
21/11/24 £64,000
28/11/24 £69,000
05/12/24 £67,000
13/12/24 £65,000
19/12/24 £63,000
02/01/25 £61,000
09/01/25 £59,000
15/01/25 £65,000
Price Change -23.53%

Description

This 2-bedroom flat in Dundee offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a spacious lounge, kitchen, three-piece bathroom, and two bedrooms, and is currently producing an annual gross income of £6,600. With a tenant already in situ and paying rent consistently, the new owner has the potential to increase the income to a market rate of £9,000, making it a worthwhile addition to an investment portfolio. The property is well-located with valuable amenities nearby, and the current tenants have no intention of moving out, ensuring a smooth transition for the new owner.