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
£70,000

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
27/02/25 £70,000
Price Change -17.65%

Description

This 2-bedroom flat in Dundee offers a fantastic opportunity for investors to expand their portfolio. The well-kept home features two bedrooms, a three-piece bathroom, a spacious lounge, and a kitchen. Currently, the property produces an annual gross income of £6,600, but with some adjustments, the new owner could increase the rental income to a market rate of £9,000. The property is already tenanted, with the current occupants having consistently paid their rent and showing no intention to move out. With its valuable amenities nearby and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.