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North Union Street, Dundee DD5 1 bed detached bungalow for sale
5 North Union Street, Monifieth, Dundee, DD5 4DB
£80,000
5 North Union Street, Monifieth, Dundee, DD5 4DB
£80,000
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 night For 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 LOCATION Sure 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. The property, priced at £120,000, has a Home Report and is located near local amenities, schools, and public transport. With its potential to achieve £600-£700 per month in rental income, it could provide a great gross yield. The property also has the potential to be used as a holiday let or Airbnb property, with comparable properties in the area achieving upwards of £100 per night. The location is prime, with easy access to Dundee and surrounding areas, making it an attractive area for residents seeking a blend of coastal living and urban convenience.