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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 |
23/04/25 | £196,000 |
21/05/25 | £208,000 |
25/06/25 | £200,000 |
Price Change | -23.08% |
Description
This portfolio of 6 residential flats and 2 commercial units in Dumfries offers a rewarding investment opportunity for investors. The property features spacious bedrooms, a modern lounge, kitchen, and bathroom, as well as ample parking space. The commercial units, 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 property is currently vacant, except for the salon, which produces an annual gross income of £4,620, with potential to increase to £14,400 with market-rate tenants. With its potential for significant returns, this property is a worthwhile addition to any investor's portfolio.