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3 Bed House - Buy to Let, Strathmore Ave, Dundee. Gross Yield 4.4%

3 Bed House - Buy to Let, Strathmore Ave, Dundee. Gross Yield 4.4%

By coincidence I was visiting on Strathmore Ave only last week, then noticed this one which is being sold by Northwoods, http://www.zoopla.co.uk/for-sale/details/38724152?search_identifier=a864ad9d9b6ecdaa57fcb4c46f7dd193#3LF3Kmsf3hRTz6XM.97.

As you can see it’s an attractive three-bed semi, it seems to be in very good condition and sitting on a sizeable plot.

The asking price of £175,000 is probably higher than most investment landlords will want to consider but with a rent of around £700 plus that’s a yield of 4.4%, additionally I don’t think it would suffer from many void periods, of course that’s just my assessment.

Appreciation on similar properties in this area is running at over 6% in the last year and just under 23% over the last five years. There may even be scope to add value with an extension.

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