Buy To Let Investment - 1 Bed Flat in Dundee. 6.34% Gross Yield
Now I know I revisit Clepington Rd regularly but it’s for the best of reasons. E.g. there are good properties there, in good blocks that rent well.
This one is being marketed by Northwood https://www.zoopla.co.uk/for-sale/details/44650847?search_identifier=d84902017f083febe951a1e058d9020a#mruoSfaYAXuc6WTd.97.
It’s a very good example of an attractive one bed flat, which looks to have been tastefully renovated and appears to be in ‘walk in’ condition.
With an asking price of £65,000 and I would estimate a monthly rent of at least £375 that’s a gross yield of 6.34% along with a capital appreciation running at 13.49% for the preceding 5 years.
All in all it looks like a tidy investment subject to the usual caveats.