2 bedroom flat for sale

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2 bedroom flat for sale

Ellen Street, Dundee, DD1
£78,000

Price History

Initial price £85,000
12/10/24 £80,000
18/10/24 £78,000
Price Change -8.24%

Description

This 2-bedroom flat in Dundee is 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. However, with the new owner, this could be increased to a market rate of £9,000, making it a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying their rent and have no intention of moving out, providing a stable and reliable income stream. With its valuable amenities nearby and rewarding rental returns, this property is a great chance for investors to grow their portfolio.