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1 bed flat for sale

£62,500 Offers over

Wolseley Street, Dundee DD3

1 bed flat for sale 1 1 1
Interested in this property? Call +44 141 376 8982 * or Request Details

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

Property features

  • *Attention Investors*
  • *Buy to Let Property*
  • *Tenants in Place*
  • *Strong Yield*

Property description



***investment property***

***Yield 9.4%***

***home report £70,000***

We Sell Rented Property are delighted to bring our latest investment listing to the market; a large 1 bedroom flat within Dundee city centre, which would be a great addition to any portfolio. This well maintained property offers a hassle-free investment with reliable tenants already in place.

Investment Information



  • Current rent £6,600 per year.



  • Potential rent based on comparable properties in the area - £7,200



  • See investment schedule below for full investment information



Tenant Information



  • Consistently rented for over 5 years



  • Current tenants professional in full time employment



  • 12 month lease agreement in place



  • No missed / late payments.



The accommodation consists of 1 bedroom with ample wardrobe / storage space. A spacious lounge area and a fully equipped kitchen along with a modern bathroom.

Located within Dundee the property has easy access to local amenities, transport links and schools in the surrounding area, making it an ideal rental location.,

Contact us today and seize the chance to add this tenanted 1-bedroom property to your portfolio.

EPC Rating: D

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for DD3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £308,885 £160 3.5 £336,607
Semi-detached £249,144 £144 3.0 £173,717
Terraced £196,509 £145 2.7 £156,900
Flats £92,157 £135 1.9 £92,817

Current asking prices in DD3

Average: £257,706
Avg. current asking prices in DD3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £105,000
(1)
£189,300
(10)
£311,823
(17)
£378,469
(17)
Flats £62,571
(7)
£112,571
(7)
£107,988
(4)
- £410,000
(1)
All £62,571
(7)
£111,625
(8)
£166,068
(14)
£311,823
(17)
£380,221
(18)

Current asking rents in DD3

Average: £743 pcm
Avg. current asking prices in DD3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £524 pcm
(1)
£756 pcm
(2)
£1,229 pcm
(3)
£1,495 pcm
(1)
-
Flats £573 pcm
(27)
£721 pcm
(30)
£959 pcm
(10)
- £1,599 pcm
(1)
All £571 pcm
(28)
£724 pcm
(32)
£1,021 pcm
(13)
£1,495 pcm
(1)
£1,599 pcm
(1)

Fun facts for DD3

Highest value in DD3
Highest value streets Zed-Index
Braeside £793,827
Auchterhouse, Dundee DD3 £377,358
Panmure Terrace £314,246
Gauldie Crescent £310,227
St. Martin Crescent £299,627
Highest turnover in DD3
Highest turnover streets Turnover
Balgray Terrace 100.0%
Kingspark Gardens 86.5%
Fairmuir Road 76.9%
Lauderdale Place 60.0%
Melrose Gardens 57.1%
Arrange Viewing

For more information about this property, please contact
We Sell Rented Property, ML4 on +44 141 376 8982 * (local rate)

Monthly running costs Beta

£407 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,250
Repayment term 25
Interest rate 2.0
Your payment £238 /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.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £10/mo (£126/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

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 £24 Electricity £52 Estimated energy cost £76/mo

Similar properties could save up to £173

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: 9500 kWh/year
Electricity: 3500 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 We Sell Rented Property, and do not constitute property particulars. Please contact We Sell Rented 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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