This property is being marketed by our colleagues at Thorntons and I think is a good opportunity. http://www.tspc.co.uk/1-Bed-Top-Floor-Flat-For-Sale-30-Pleasance-Court-Dundee-DD1-5BB
Its very well located in this converted mill within easy access of the City Centre, the universities and local amenities.
It looks to have been well maintained, has GCH, DG, secure entry and a covered parking space.
I know the block well and haver rented quite a few there over the years. I would estimate the monthly rental at around £460 with an asking price of £87,000 that’s a yield of 5.8%. Capital return in the area over the last five years has been 12/3%, so its certainly one I would consider for any spare change you find down the back of the sofa.
