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
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.