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3 Bed Buy to Let House, Melrose Court, Dundee 4.2%

3 Bed Buy to Let House, Melrose Court, Dundee 4.2%

This modern, recently completed end of terrace property is being marketed by RSB/Lindsays, its offered at £165,000. http://www.tspc.co.uk/3-Bed-Terraced-Villa-For-Sale-2-Melrose-Court-Dundee-DD3-7BP

As you would expect with a new build it looks to be in excellent condition, with GCH, DG, parking, en suite and very good EPC level.

The location is good with easy access to main transit routes etc. Rental I would conservatively estimate at £640, though I would hope to achieve closer to the £700 mark. At the lower estimate that a yield of 4.2%. Not earth shattering I accept but steady and I think this property would rent comfortably.

Add that to a capital appreciation of over 14% over the last five years and its substantially better then your going to get in your cash ISA for the foreseeable future.

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