Buy to Let - 3 Bed House, Dundee. 5% Gross Yield.
This spacious and attractive Semi http://www.tspc.co.uk/3-Bed-Semi-Detached-Villa-For-Sale-29-Ballindean-Place-Dundee-DD4-8PF is being marketed by the Chamber Practice.
It looks to be well maintained and is in a popular residential area. The property has GCH, DG and appears to be in walk in condition. It also benefits from a ‘C’ level EPC.
In my opinion there is a shortage of ‘good’ family sized rental houses in Dundee, this one has an asking price of £115,000 and I would estimate a rent of conservatively £550 per month, that’s a gross yield of just over 5%. With capital appreciation in that area for similar properties running at over 14% over the last five years I think its definitely worth a look.