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
£200,000

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
Price Change -23.08%

Description

This property portfolio 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 in good condition, as well as two commercial units, 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 center location with close proximity to local amenities and transport links. Although the flats and pub are currently vacant, the salon is tenanted and produces an annual gross income of £4,620, which could be increased to £14,400 with new tenants. With a competitive purchase price, this property has the potential to provide a worthwhile addition to an investor's portfolio.