2 bed flat for sale
Dochart Terrace, Dundee DD2
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Buy-to-Let Opportunity
- Long Term Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- Great Condition
- Close Proximity to Valuable Amenities
- Investment potential detailed below (Let Property Pack)
Property description
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 2 bedrooms, lounge, kitchen, and bathroom.
Investment details
It currently produces an annual gross income of £6,900 which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested in viewing the Home Report, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
Property info
Property value data/graphs for DD2
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £434,173 | £177 | 3.7 | £315,667 |
Semi-detached | £209,824 | £171 | 2.9 | £177,939 |
Terraced | £220,935 | £160 | 2.9 | £181,902 |
Flats | £145,900 | £158 | 2.0 | £122,041 |
Current asking prices in DD2
Average: £220,018Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses | - |
£139,000 (6) |
£235,000 (5) |
£309,875 (8) |
£522,500 (6) |
Flats |
£83,500 (6) |
£129,607 (14) |
£132,500 (2) |
£305,000 (2) |
- |
All |
£83,500 (6) |
£132,425 (20) |
£205,714 (7) |
£308,900 (10) |
£522,500 (6) |
Current asking rents in DD2
Average: £1,213 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses | - |
£1,250 pcm (2) |
£1,400 pcm (4) |
£1,663 pcm (4) |
£1,937 pcm (4) |
Flats |
£703 pcm (12) |
£983 pcm (26) |
£1,421 pcm (6) |
£2,002 pcm (1) |
£1,898 pcm (1) |
All |
£703 pcm (12) |
£1,002 pcm (28) |
£1,412 pcm (10) |
£1,731 pcm (5) |
£1,929 pcm (5) |
Fun facts for DD2
Highest value streets | Zed-Index |
---|---|
Osprey Road | £669,718 |
Osprey Avenue | £590,537 |
Osprey View | £534,713 |
Piperdam Drive | £514,386 |
Invergowrie, Dundee DD2 | £487,608 |
Highest turnover streets | Turnover |
---|---|
Braes of Gray Road | 131.9% |
Grayhills Lane | 125.0% |
East Road | 105.6% |
Grayburn Road | 105.0% |
Kilspindie Crescent | 105.0% |
For more information about this property, please contact
Let Property, G12 on +44 141 376 0473 * (local rate)
Monthly running costs Beta
Mortgage
These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Home Insurance
Rebuild value up to £600,000 Contents value up to £60,000 Average insurance cost £8/mo (£96/yr)Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.
Source: Autonet Insurance Ltd
Energy
Gas £29 Electricity £56 Estimated energy cost £85/moSimilar properties could save up to £193
How Much Could I Save?The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.
Estimated consumption
Gas: 11600 kWh/year
Electricity: 3800 kWh/year
Source: National Energy Efficiency Data Framework
Council Tax
Local authority
Dundee City
Estimated tax band A Council tax cost £83 /mowhen paid over 10 months
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Let Property, and do not constitute property particulars. Please contact Let Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.