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Ellen Street, Dundee DD1 2 bed flat for sale
Ellen Street, Dundee DD1
£65,000
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.