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
£63,000

Price History

Initial price £85,000
12/10/24 £80,000
18/10/24 £78,000
25/10/24 £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
17/01/25 £65,000
30/01/25 £63,000
Price Change -25.88%

Description

This 2-bedroom flat in Dundee is an excellent 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 tenants already in situ, the new owner has the potential to increase the rent to a market rate of £9,000, making it a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With a Let Property Pack available for further details, this is a fantastic opportunity for investors to secure a valuable property with a reliable income stream.