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Academy Street, Dumfries DG1 6 bed block of apartments for sale
Academy Street, Dumfries DG1
£198,000
Academy Street, Dumfries DG1
£198,000
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 |
Price Change | -23.85% |
Description
This portfolio of 6 residential flats and 2 commercial units in Dumfries offers a lucrative investment opportunity for investors. The property features spacious bedrooms, a modern lounge, kitchen, and bathroom in good condition, as well as ample parking space. The commercial units, including a pub with a large primary business area and beer garden, and a salon with long-term tenants, are situated in a city centre location with close proximity to local amenities and transport links. The flats and pub are currently vacant, while the salon is tenanted, producing an annual gross income of £4,620, which could be increased to £14,400 with new tenants. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property has significant potential for growth and profit.