This interesting, two-bed semi-detached house is situated on Cobden St (off Loons Road) in Dundee. 2 Bed Semi Det House. The property is being marketed by our colleagues at Your Move with an asking price of £110,000.
The area is fine with easy access to local amenities and an easy transit into the City Centre or onto the Kingsway.
The property seems to be in good condition, judging by the photos, though it could be that one of the bedroom carpets needs replacing, you would need to have a closer look to be sure.
The asking price together with an estimated monthly rent of let’s say £575 gives a yield of 5.75% which isn’t too bad, however, according to the web data the capital appreciation for this kind of property in this area over the last five years has been just short of 24%, now that’s respectable.
Certainly, its a property that warrants further investigation I would suggest.
Remember if your thinking of investing in residential property in or around Dundee then I’m always happy to advise just drop me a line at nick.horan@belvoirletting.socm
