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Block of flats
Academy Street, Dumfries DG1
£196,000
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.