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Freehold

Offers over

£200,000

Block of flats for sale

Academy Street, Dumfries DG1
Email agent

Offers over

£200,000

Block of flats for sale
Academy Street, Dumfries DG1

    Freehold

    About this property

    • Multi-Unit Property

    • Portfolio of 6 Residential Flats and 2 Commercial Units

    • Large Primary Business Area

    • Beer Garden

    • Good Condition

    • Allocated Parking

    • Easy Access to Local Amenities

    Our latest listing is a portfolio of 6 residential flats and 2 commercial units in Dumfries. For investors looking for a rewarding investment, this is a brilliant opportunity!

    This multi-unit property features 6 spacious bedrooms, modern lounge, kitchen and bathroom in good condition. The commercial units are a pub with large primary business area and beer garden, and salon with long term tenants situated. There is also ample parking space. It is situated in a city centre location with close proximity to local amenities and fantastic transport links throughout.

    Investment Details

    The flats and pub are vacant, only the salon is tenanted at the moment. It currently produces an annual gross income of £4,620 which could be increased by the new owner to a market rate of £14,400 with 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.

    Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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