3-bedroom flat · DD3 7RX
For saleListed 411 days
Opportunity summary
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About
A three bedroom flat situated in a traditional tenement style building situated beside the Dundee Law providing excellent views across the city and the river Tay, as well as being within easy reach of the centre of the city.
This presents an ideal opportunity for an investor as the property benefits from an existing HMO licence (valid until September 2026) and has previously achieved £900 per calendar month, generating a long term rental yield of approximately 12%.
Entranced via secure communal entrance, accommodation comprises; entrance hallway with storage cupboard; bright sitting room with space for a range of seated and dining furniture, and an additional storage cupboard; fitted kitchen with tiled splashback, base and wall units, wooden effect counter tops, both integrated and freestanding appliances, as well as ceiling mounted spotlight lighting fixtures; three well-sized double bedrooms with plenty of space for freestanding bedroom furniture; finally, a three piece part-tiled bathroom completes the accommodation comprising electric shower over bath, WC and wash-basin with wall mounted mirror situated above.
Additionally, the property is well-served by local bus routes directly outside the property as well as benefiting from further on-street parking on surrounding streets.
59 Strathmartine Road is nestled between Hilltown and Fairmuir, benefiting from a range of local green spaces – namely Fairmuir Park, Magdalen Green and is located in close proximity to the Dundee Green Circular Route which passes through Finnlathen Park, Trottick Ponds and other local nature reserves.
The Dundee Law can be found a short distance away, providing extensive views across the centre of the city and on to the River Tay and Fife.
Strathmartine Road benefits from various convenience stores such as a Tesco Express and Premier, alongside various bars and eateries as well as further amenities.
Local bus services provide connection to the city centre, Ninewells hospital and surrounding areas – further transport connections are provided by Dundee Railway station serving both locally, regionally and nationally.
Property is sold as seen.
All window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures, furniture and appliances (both integrated and free standing) are included in the sale.
No warranties or guarantees will be provided.
Under the hmrc Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address.
This is acceptable either as original or certified documents. By submitting an offer for acceptance, you agree to this condition and are happy for dj Alexander to contact you for these purposes.
EPC: C Council Tax: B - £1,715.57 inclusive of water and sewage* (*based on 2025/2026 tax year) - Dundee City Council Tenure: Freehold Electricity Supply: Mains connection - consumer unit located in the hall Water Supply: Scottish Water Sewerage: Scottish Water Heating: Mains gas - boiler and radiators Broadband: 1000 mbps (Potential download speed) Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage Parking: Unrestricted on-street parking available on surrounding streets Factor: There is no factor at this property.
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 59 (1FL) Strathmartine Road, Strathmartine
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