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3 Bed Semi - Buy to Let in Dundee. Gross Yield 6.7%

3 Bed Semi - Buy to Let in Dundee. Gross Yield 6.7%

This property caught my eye because we have rented an almost identical one nearby for some years. https://www.zoopla.co.uk/for-sale/details/44106977?search_identifier=56d871f2a606e42a487618dc9f8015db#7p3d1eslVrHxdpuO.97 , its being marketed by our colleagues at McKewan Fraser Legal.

It seems to be in good condition, though some carpeting and neutralisation of the décor may be in order. It has GCH, DG and a low maintenance garden which are all positive factors.

It has an asking price of £88,000 and I would estimate the rent at around the £530 plus mark.

The only immediate thing to be aware of is that these style of properties are often of ‘non standard’ construction so mortgaging may be difficult and this affects the capital appreciation. In this instance that has been at just over 17% for houses in this area over the last five years.

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