This is an interesting little opportunity currently being offered by Lamonts. http://www.tspc.co.uk/1-Bed-Flat-For-Sale-2-Graham-Street-Dundee-DD4-9AD
Now I’m not generally a great fan of ground floor flats for a variety of reasons, however this one looks to be in good condition, as does the block itself from what we can see.
Its in a pretty good location just off Clepington Road with easy access to local facilities and main transit routes.
I think this one should rent for around the £375 mark so with an asking price of £52,000. This gives a gross yield of 7.9% with flats in that postcode having appreciated approximately 16% in the last five years. Altogether fairly respectable.
