Block of flats

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Block of flats

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, featuring six residential flats and two commercial units, including a pub and a salon. The flats are currently vacant, while the salon is tenanted, generating an annual gross income of £4,620. With a purchase price, the new owner can increase the rent to a market rate of £14,400, making it a worthwhile addition to an investment portfolio. The property is located in the city centre, with close proximity to local amenities and transport links, and also features ample parking space. The current owner is committed to facilitating a smooth transaction process and is eager to sell to the right buyer.