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Buy To Let Baxter Park Terrace, Dundee - Yield 5.8%

Buy To Let Baxter Park Terrace, Dundee - Yield 5.8%

I have always liked Baxter Park Terrace, nice blocks generally and a great aspect. This example is a two bed and its being advertised by Blackadders http://www.tspc.co.uk/2-Bed-Top-Floor-Flat-For-Sale-Top-Floor-Left-12-Baxter-Park-Terrace-Dundee-DD4-6NW

It’s a good sized, two bedroom, maisonette, good location for schools, transport links, local amenities and of course the park itself.

The property looks in reasonable decorative order as does the block and the apartment benefits from GCH and DG.  The EPC is only an E, so i would want to look at improving the insulation in some way.

It doesnt look like it needs much, if any work and I would estimate the monthly rent to be in the vicinity of £475 although it might we worth trying a little higher. With an asking price of £90,000 that’s a yield of 5.8%, additionally, prices for 2 bed flats in this area have appreciated over 12% in the last 5 years.

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