5-bedroom house · DD2 2UQ
Listing removedListed 112 days
Opportunity summary
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About
Elmwood House is a distinguished Victorian residence with a fascinating local history, commissioned around 1860 by Dundee jute baron James Donald and occupying an elevated position on Cromarty Drive with far-reaching views.
Rich in period character yet thoughtfully adapted for modern living, it offers generous, flexible accommodation across the main house and adjoining annexe.
The ground floor opens with an impressive vestibule featuring mosaic tiling, setting the tone for the character found throughout.
The bay-windowed lounge is a beautiful principal room, with ornate cornicing, the original fireplace and fully functioning original shutters, while the formal dining room offers similar period detail, complete with its own original shutters, creating an elegant setting for entertaining.
A country-style kitchen provides a warm everyday hub, complemented by a WC and a garden-facing office with French doors.
Upstairs, the main house offers three double bedrooms, including a generous principal bedroom, also with original shutters, a fourth single bedroom or office, and a contemporary four-piece bathroom.
The annexe adds superb versatility, comprising an open-plan lounge/kitchen with direct external access, a double bedroom with fitted wardrobes, and a shower room - ideal for guests, independent living or multi-generational living.
The enclosed garden provides a peaceful retreat, with lawn, mature planting, patio seating, a timber storage shed and a paved courtyard, all framed by the handsome stone exterior of this remarkable home.
A number of off-street parking spaces further enhance the everyday practicality of the property.
A home of character and versatility, Elmwood House brings together extraordinary period detailing, generous public spaces and the added flexibility of a self-contained annexe - creating a truly special home.
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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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 3 Cromarty Drive, Dundee
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