One Bed Buy to Let on Luther Drive, Dundee. Yield 8.3%

This one http://www.tspc.co.uk/1-Bed-Ground-Floor-Flat-For-Sale-10-Luther-Place-Dundee-DD2-4JG is on with our colleagues at Bailies.

It is a well presented one bedroom flat which looks to have been recently renovated and looks like its in “good to go” condition. The block looks fine and has secure entry, also the location is towards Ninewells and its close to local amenities.

The asking price of £49,500 together with a conservative rent of £375 gives a gross yield of 8.3%. Average prices in this post code have appreciated by over 15% in the last five years as well. Why not go and have a look.