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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 |
Price Change | -24.62% |
Description
This property portfolio in Dumfries offers a lucrative investment opportunity for buyers. The property features six spacious residential flats, a pub with a large business area and beer garden, and a salon with a long-term tenant. The flats and pub are currently vacant, while the salon is occupied, generating an annual gross income of £4,620. With the potential to increase the rent to a market rate of £14,400, this property has significant earning potential. The property is situated in a city centre location with easy access to local amenities and transport links. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to diversify their investments.