This modern, detached property boasts three double bedrooms, GCH, DG etc,
http://www.tspc.co.uk/3-Bed-Detached-Villa-For-Sale-19-Logan-Crescent-Dundee-DD3-0SR and is being marketed by Lamonts Solicitors.
As you would expect it seems to be in excellent condition and is in a good location on the outskirts of the city.
It is priced at £185,000 and I estimate a rental of at least £775 and possibly higher, this gives a gross yield of at least 4.6%. Now that might not sound too exciting but if interest rates go down further then its much better than most savings accounts. More importantly the capital appreciation on detached properties in this area is over 6% in the last twelve months.
As a modern family home it should be a relatively easy let and possibly even worth a “cheeky” offer.
