BIDDING OPENS in...

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

*** SUPERB TENANTED INVESTMENT OPPORTUNITY *** 1 Bed flat in Dingwall. Settled tenant; IMMEDIATE INCOME with EXCELLENT YIELD. Rental income of £450pcm giving an annual income of £5,400.

***RICS HOME REPORT VALUE OF £90,000*** Long terms tenant providing an annual income of £5,400 which gives a SUPERB YIELD of approx. 9% if achieved for the guide price. Freehold property.

PROPERTY CONISTS:- Hallway, kitchen, living room diner, double bedroom and bathroom. Further benefits from Double Glazing and Electric Heating system, free parking. Secure door entry system.

This property also benefits from an electric heating system with the boiler being upgraded in 2022 and double glazing. There is a communal drying area at the rear of the property with a small garden.

Quietly located, in a popular residential area there is a wide and varied array of amenities on offer which includes a bustling collection of small bespoke shops as well as a sizeable supermarket.

*** SUPERB TENANTED INVESTMENT OPPORTUNITY *** 1 Bed flat in Dingwall. Settled tenant; IMMEDIATE INCOME with EXCELLENT YIELD. Rental income of £450pcm giving an annual income of £5,400. ***RICS HOME REPORT VALUE OF £90,000*** Long terms tenant providing an annual income of £5,400 which gives a SUPERB YIELD of approx. 9% if achieved for the guide price. Freehold property. PROPERTY CONISTS:- Hallway, kitchen, living room diner, double bedroom and bathroom. Further benefits from Double Glazing and Electric Heating system, free parking. Secure door entry system. The building has a secure door entry system that gives way to the communal entrance hall and stairwell allowing access to all 9 properties within the block. The third-floor landing giving access to number 16 is shared with two other properties. The accommodation itself comprises the hallway, bright and spacious lounge, kitchen with ample storage space, one double bedroom with fitted wardrobes and the bathroom completes the accommodation. This property also benefits from an electric heating system with the boiler being upgraded in 2022 and double glazing throughout. There is a communal drying area at the rear of the property with a small area of communal garden grounds. Parking is communal and is located at the front of the building with further spaces available opposite the building. Property Features Garden EPC Band C

Tulloch Square within the historic market town of Dingwall. It has a population of 5,491. It was an east-coast harbour that now lies inland. Dingwall has one secondary and two primary schools and is well served by medical, dental and legal practices. The town centre has a wide range of shops and banks and there is also a Tesco superstore conveniently located. Within a twenty two mile radius there are sixteen golf courses including two championship courses at Royal Dornoch and Nairn and also the links course at Castle Stuart. There are a host of outdoor activities available nearby including hill walking, mountain biking, horse riding and a great variety of fishing, shooting and stalking. The area is also home to several noted whisky producers where distillery tours can be arranged. Skibo Castle is within about thirty minutes' drive. Dingwall offers good public transport services, with regular rail and bus services to Inverness, the regional 'capital' and its airport which provides a variety of domestic and European flights.

Full Address: 16 Tulloch Square, Dingwall, IV15 9UA

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Map & Location

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Rollng
Rent: £5,400 per year / £450 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: rolling 6 months next start is Dec 2025

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £68,000

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: 04 September 2025, 10am-3pm
Type: Timed Online Auction

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