Offers Over £85,000
Portfolio X 4 Flats, 19/25 Belmont Street
House - detached
This is a unique opportunity to purchase traditional, detached dwelling converted into four individual, self contained units.
The property which represent excellent income and development potential has four separate bedsit style apartments with two on the ground floor and two on the upper level. The properties are in varying degrees of decorative condition with all the properties having UPVC double glazing. To the rear of the property is a large, fully enclosed garden and stone outbuilding.
As presently stated, the properties are in varying degrees of decorative condition, but represent outstanding value for money and excellent income potential. It is envisaged the property will be highly attractive to the investment buyer looking for a portfolio of self contained properties in a pleasant village setting. It is estimated that properties should return approx £9,600 per annum fully let. This gives a potential yield of nearly 10%.which is outstanding in the present climate.
The properties extend to approximately 35 square metres internally and consist of Lounge/bedroom, kitchen and shower room.
This is a superb investment opportunity and viewing is highly recommended.
Newtyle is a small village located approximately 10 miles north of Dundee in the County of Angus. Local amenities include primary school, post office and essential shopping and commuter bus route to Dundee and Blairgowrie.
- 4 Self Contained Bedsits
- Excellent Rental Potential
- Approx. £200 per Unit per Month
- Shared Garden