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Buy to Let – Pitkerro Rd, Dundee - 3 Bed House – Gross Rental Return 5.5%

Buy to Let – Pitkerro Rd, Dundee - 3 Bed House – Gross Rental Return 5.5%

I was chatting to a landlord recently about the popularity of small family houses, semi detached, terraced etc.

I came across this one and decided to run the figures, its being marketed by our colleagues at Premier Properties, https://www.zoopla.co.uk/for-sale/details/47898080?search_identifier=54a7ec3205243093717599f61c353bd9

It’s a modern three bed, end of terrace currently on at £125,000, which has been reduced.  Now I think that the rental return, being conservative, will be about 5.5% which is OK.  

However what interests me more is the capital appreciation, which according to Zoopla is running at just over 9% over the last 5 years.  

However, the figures for semi detached run at about 22% and as this is an end of terrace, I just wonder if it wouldn’t do better than the 9%.  It certainly looks well maintained and move in condition.

Just a thought but maybe one for a cheeky offer.

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