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Block of flats
Academy Street, Dumfries DG1
£200,000
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.