Property photos
Freehold
Fixed price
£65,000
2 bed flat for sale
Loons Road, Dundee DD32 beds
1 bath
1 reception
EPC rating: D
Key Information
Local area information
Property location
Nearby amenities
- St John's RC High School 0.3 miles
- Ancrum Road Primary School 0.3 miles
- Dundee 1.5 miles
- Invergowrie 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Buy-To-Let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £70K
- Current Rental £500pm
- Current Yield 9.2%
- 73 sq m
- EPC Rating: D
- Unfurnished Let
- Price Includes Inventory Items & Safety Certificates
This main-door duplex flat resides on the first and second floors of a traditional building. It enjoys a central location in the city of Dundee, close to regular bus services, amenities, schools, and the vast public greens of Lochee Park.
The bright and airy home offers a living/dining room, a kitchen, two double bedrooms, and a three-piece bathroom. Accessed via a shared stairwell and walkway, the flat’s private front door opens into a hall with a built-in cupboard. The living and dining room is straight ahead, affording floorspace for comfortable lounge furniture, a home workstation, and a small table. It is well-presented and equipped with a cupboard for on-hand storage. In the kitchen, there is fitted cabinets at base and wall level accompanied by an L-shaped worktop. It is a good-size space and can accommodate further storage solutions. From the hall, a staircase leads to an upper landing which connects to the two double bedrooms. The principal bedroom has the larger footprint and built-in storage, whereas the second bedroom has a generous built-in wardrobe with additional storage set adjacent. The property is finished by a bright and fully-tiled bathroom, which has a washbasin, a toilet, and a bath with an overhead shower. Externally, residents have shared access to a well-kept garden with a communal drying green. On-street parking is available in the vicinity as well.
The property is being sold with the tenants in situ as a buy-to-let investment and is fully compliant with prt, property inventory, eicr, gas safety, pat, legionella risk assessment, and deposit certificate. The tenant has been resident since March 2019 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £6,000 - reviewed 2024. Please note, for a future tenancy the property has the potential to secure £7,200pa and generate a yield of 10.2%. The property is sold as seen and the sale price includes all the inventory items.
Scotland’s fourth largest and notably sunniest city, Dundee lies on the east coast, on the Firth of Tay estuary, and was recently voted by the Sunday Times as one of the top twelve places to live in Britain. A historic port and now a unesco City of Design, Dundee is brimming with culture; boasting a regenerated waterfront with two nautical museums (rrs Discovery, Captain Scott’s Antarctic expedition ship, and the 19th-century warship, hm Frigate Unicorn) and the architectural triumph of the newly opened V & A Dundee, Scotland’s first design museum. Further museums, arts centres and theatres can be found across the city, along with a vibrant array of bars and restaurants. A wildlife centre, cinemas and excellent sports and leisure facilities are also on offer. Largely walk-able, Dundee provides a delightful and convenient shopping experience, hosting a wide selection of high-street retail outlets, shopping centres (one with a large public library) and supermarkets. The city provides education at all levels, with private and state institutions and one of the UK’s leading universities. Major road and rail links connect Dundee to the rest of Scotland and further afield, whilst Dundee airport also offers flights to London City Airport.
The bright and airy home offers a living/dining room, a kitchen, two double bedrooms, and a three-piece bathroom. Accessed via a shared stairwell and walkway, the flat’s private front door opens into a hall with a built-in cupboard. The living and dining room is straight ahead, affording floorspace for comfortable lounge furniture, a home workstation, and a small table. It is well-presented and equipped with a cupboard for on-hand storage. In the kitchen, there is fitted cabinets at base and wall level accompanied by an L-shaped worktop. It is a good-size space and can accommodate further storage solutions. From the hall, a staircase leads to an upper landing which connects to the two double bedrooms. The principal bedroom has the larger footprint and built-in storage, whereas the second bedroom has a generous built-in wardrobe with additional storage set adjacent. The property is finished by a bright and fully-tiled bathroom, which has a washbasin, a toilet, and a bath with an overhead shower. Externally, residents have shared access to a well-kept garden with a communal drying green. On-street parking is available in the vicinity as well.
The property is being sold with the tenants in situ as a buy-to-let investment and is fully compliant with prt, property inventory, eicr, gas safety, pat, legionella risk assessment, and deposit certificate. The tenant has been resident since March 2019 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £6,000 - reviewed 2024. Please note, for a future tenancy the property has the potential to secure £7,200pa and generate a yield of 10.2%. The property is sold as seen and the sale price includes all the inventory items.
Scotland’s fourth largest and notably sunniest city, Dundee lies on the east coast, on the Firth of Tay estuary, and was recently voted by the Sunday Times as one of the top twelve places to live in Britain. A historic port and now a unesco City of Design, Dundee is brimming with culture; boasting a regenerated waterfront with two nautical museums (rrs Discovery, Captain Scott’s Antarctic expedition ship, and the 19th-century warship, hm Frigate Unicorn) and the architectural triumph of the newly opened V & A Dundee, Scotland’s first design museum. Further museums, arts centres and theatres can be found across the city, along with a vibrant array of bars and restaurants. A wildlife centre, cinemas and excellent sports and leisure facilities are also on offer. Largely walk-able, Dundee provides a delightful and convenient shopping experience, hosting a wide selection of high-street retail outlets, shopping centres (one with a large public library) and supermarkets. The city provides education at all levels, with private and state institutions and one of the UK’s leading universities. Major road and rail links connect Dundee to the rest of Scotland and further afield, whilst Dundee airport also offers flights to London City Airport.
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