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North Union Street, Dundee DD5 1 bed detached bungalow for sale
North Union Street, Dundee DD5
£75,000
North Union Street, Dundee DD5
£75,000
Our Summary
- The property has potential to be used as a Holiday let / Airbnb property, subject to gaining necessary licensing and permissions
- Comparable properties in the area are achieving upwards of £100 per nightFor rental purposes, once modernised the property could potentially achieve £600 - £700 per month (£7,200 - £8,400 p/a) which could provide a great gross yield if achieved for the guide price
- PRIME LOCATIONSure to appeal to those looking for Rare auction property
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This one-bedroom detached cottage in Monifieth, Dundee, is a fantastic opportunity for shrewd investors seeking a readily let property with great yield and capital growth potential. With a guide price of £120,000, the property could potentially achieve a gross yield of £7,200-£8,400 per annum through rental income. The cottage features a great-sized double bedroom, bright lounge, spacious kitchen, and three-piece shower room, with gas central heating and double glazing throughout. The property is located near local amenities, including shops, restaurants, schools, and public transport, making it an attractive area for residents. With strong demand in the local area and comparable properties achieving high rental yields, this property is sure to appeal to those looking for a rare auction opportunity. The property is open to immediate offers and will feature in an upcoming timed online auction.