Block of flats

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Block of flats

Academy Street, Dumfries DG1
£196,000

Price History

Initial price £260,000
16/03/25 £220,000
22/03/25 £216,000
29/03/25 £212,000
05/04/25 £208,000
11/04/25 £204,000
17/04/25 £200,000
23/04/25 £196,000
21/05/25 £208,000
25/06/25 £200,000
04/10/25 £198,000
30/10/25 £196,000
Price Change -24.62%

Description

This multi-unit property in Dumfries offers a unique investment opportunity for those looking to diversify their portfolio. The property features six spacious bedrooms, modern lounge, kitchen, and bathroom, as well as two commercial units, including a pub with a large primary business area and beer garden, and a salon with a long-term tenant. The property is situated in a city centre location with close proximity to local amenities and transport links. Although currently vacant, the flats and pub have the potential to generate a significant annual gross income of £14,400 with tenants, making it a worthwhile addition to an investor's portfolio. With a competitive purchase price and the potential for increased rental income, this property is an attractive opportunity for those looking to invest in the Dumfries area.