2 Bedroom  Flat LOT 18

68 Kirk Street, Dundee, DD2 3EN
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Map & Location

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 2
  • Council Tax: Search

**FANTASTIC RENTAL PROPERTY**Ideal for Landlord - 2 bed ground floor ex local authority flat located in the heart of Dundee with high tenant demand locally from business/hospital/University.

Internal accommodation comprises of Hall, lounge (fireplace), breakfasting sized kitchen, 2 bedrooms and bathroom. POTENTIAL RENTAL INCOME AT £650 per calendar month (£7800 per Annum). Ideal Portfolio

Property is further enhanced by UPVC double glazing, security entry, well maintained communal areas and closed street with off road parking. POTENTIAL RENTAL YIELD OF 17% at guide price.

Close to City Centre in popular Lochee area. Many local businesses close by including Aldi across the street. Ideal for rental market - high tenant demand from Hospital, University and local business.

**COMPARABLE SALES**3B ex local Athol Street (similar style building) sold £85,000 2022**3B Yeamans Lane (next street, same style building) sold 2023 £65,000**2B Yeamans lane sold 2023 at £54,999**

**FANTASTIC RENTAL PROPERTY**Ideal for Landlord - 2 bed ground floor ex local authority flat located in the heart of Dundee with high tenant demand locally from business/hospital/University. Internal accommodation comprises of Hall, lounge (fireplace), breakfasting sized kitchen, 2 bedrooms and bathroom. POTENTIAL RENTAL INCOME AT £650 per calendar month (£7800 per Annum). Ideal Portfolio purchase. Property is further enhanced by UPVC double glazing, security entry, well maintained communal areas and closed street with off road parking. POTENTIAL RENTAL YIELD OF 17% at guide price. Close to City Centre in popular Lochee area. Many local businesses close by including Aldi across the street. Ideal for rental market - high tenant demand from Hospital, University and local business.**COMPARABLE SALES**3B ex local Athol Street (similar style building) sold £85,000 2022**3B Yeamans Lane (next street, same style building) sold 2023 £65,000**2B Yeamans lane sold 2023 at £54,999**

Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within Tayside, and is located on the east coast of Scotland with Aberdeen, Edinburgh and Glasgow all within 90 minutes’ drive time. The city has its own Airport with daily flights to London (Stansted Airport). Dundee Railway Station forms part of the main East Coast Railway Line, which runs services into London Kings Cross station. The centre piece to the waterfront development is the V&A Dundee an International Centre for Design in Scotland, the first design museum built in the UK outside London. Neighbouring businesses include Farmfoods, Aldi, Lochee Sports Centre & Swimming Pool and many local amenities.

Full Address: 68 Kirk Street, Dundee, DD2 3EN

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Pricing Information & Bidding

Opening Bid: £34,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 20 March 2025, 10am-3pm
Type: Timed Online Auction

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