Academy Street, Dumfries DG1 6 bed block of apartments for sale

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Academy Street, Dumfries DG1 6 bed block of apartments for sale

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.