Block of flats

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Block of flats

Academy Street, Dumfries DG1
£212,000

Price History

Initial price £260,000
16/03/25 £220,000
22/03/25 £216,000
29/03/25 £212,000
Price Change -18.46%

Description

This property in Dumfries offers a unique investment opportunity, featuring six residential flats and two commercial units, including a pub and salon. The property is located in the city centre, close to local amenities and transport links, and has ample parking space. The flats and pub are currently vacant, while the salon is tenanted, generating 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 be a valuable addition to an investor's portfolio, offering a strong return on investment.