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3 bed flat for sale

£36,500 Offers over

Lulworth Court, Dundee DD4

3 bed flat for sale 3 1
Interested in this property? Call +44 141 376 0473 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Buy-to-Let Opportunity
  • Lounge and Kitchen
  • 3 Bedrooms
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • Investment potential detailed below (Let Property Pack)

Property description

Our latest listing is a 3 bedroom flat house located in Dundee. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated. For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 3 bedrooms, 1 bathroom, a lounge and a kitchen.

Investment Details

It currently produces an annual gross income of £4,368 which could be increased by the new owner to a market rate of £6,000 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, 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 DD4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £280,629 £151 3.4 £326,251
Semi-detached £210,442 £145 2.9 £158,814
Terraced £204,967 £132 2.6 £127,628
Flats £99,125 £127 1.9 £88,286

Current asking prices in DD4

Average: £190,298
Avg. current asking prices in DD4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £59,999
(1)
£139,500
(4)
£204,408
(22)
£317,329
(12)
£311,250
(4)
Flats £67,999
(5)
£109,686
(16)
£84,750
(4)
- -
All £66,666
(6)
£115,649
(20)
£185,999
(26)
£317,329
(12)
£311,250
(4)

Current asking rents in DD4

Average: £872 pcm
Avg. current asking prices in DD4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £647 pcm
(8)
£766 pcm
(18)
£1,156 pcm
(13)
£1,599 pcm
(1)
-
All £647 pcm
(8)
£766 pcm
(18)
£1,156 pcm
(13)
£1,599 pcm
(1)
-

Fun facts for DD4

Highest value in DD4
Highest value streets Zed-Index
Tealing, Dundee DD4 £358,512
Argyle Street £342,994
Lammerton Terrace £327,122
Castlewood Avenue £321,201
Shamrock Street £303,298
Highest turnover in DD4
Highest turnover streets Turnover
Castleview Park 106.2%
Bleachfield 97.5%
Braefield Terrace 95.2%
Islay Place 90.9%
Ballumbie Rise Gardens 89.8%
Arrange Viewing

For more information about this property, please contact
Let Property, G12 on +44 141 376 0473 * (local rate)

Monthly running costs Beta

£323 Monthly total

Mortgage

Purchase price
Deposit (10%) 3,650
Repayment term 25
Interest rate 2.0
Your payment £139 /mo How Much Could I Borrow In association with RBS

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.

Energy

Gas £36 Electricity £65 Estimated energy cost £101/mo

Similar properties could save up to £231

How Much Could I Save? In partnership with uSwitch
Energy costs explained

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: 15400 kWh/year
Electricity: 4500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Dundee City

Estimated tax band A Council tax cost £83 /mo
when paid over 10 months
Council tax costs explained

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.

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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.

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