An excellent opportunity to acquire a substantial mixed-use investment comprising eight self-contained residential flats together with a separate commercial unit, situated within an established and well-connected location.
The residential accommodation consists of:
Five 2-bedroom flats
Three 3-bedroom flats
At present, seven of the eight residential units are tenanted, with one flat currently vacant, offering immediate letting potential. The commercial unit is currently vacant and presents an opportunity for additional rental income.
Accommodation Schedule
Unit Accommodation EPC Status
G/1 2 Bedroom Flat E54 Let
G/2 2 Bedroom Flat D61 Let
1/1 2 Bedroom Flat C72 Vacant
1/2 3 Bedroom Flat C77 Let
2/1 2 Bedroom Flat D67 Let
2/2 3 Bedroom Flat E46 Let
3/1 2 Bedroom Flat D60 Let
3/2 3 Bedroom Flat D67 Let
Shop Commercial Unit N/A Vacant
Total Gross Income: £[Amount] per annum.
Further tenancy information, lease documentation and rental details are available to seriously interested parties upon request.
This offers investors the benefit of an established income stream and long-term investment potential within a proven residential location.
The Tayside Solicitors Property Centre handles 4 in every 5 property sales in Scotland's fourth largest city, profiling an array of homes ranging from traditional tenements to family villas and the full spectrum of contemporary residences.
The City of Discovery has undergone an ambitious transformation over the past decade and major investment continues in the shape of revitalisation of the Waterfront, spearheaded by the V&A Museum, the Slessor Gardens and civic amenities including hotels, shops and leisure facilities.
With award-winning universities and colleges, leading cultural venues, Ninewells Hospital and businesses at the cutting edge of technology, the re-invented Dundee - the UNESCO City of Design 2014 - is very much a 21st Century city, building on a rich cultural and industrial heritage.
Dundee, and nearby Invergowrie at the gateway to the Carse of Gowrie, has confirmed its status as a regional hub brimming with vitality. With a population around the 150,000 mark living in the shadow of The Law, the one-time centre of "jute, jam and journalism" is embracing an era of change.
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