3-bedroom flat · DD1 4EE
Under offerListed 243 days
Opportunity summary
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About
This lower-ground-floor apartment extends to approximately 114 square metres and offers three double bedrooms, including a principal bedroom with twin windows and an en-suite shower room.
A second bedroom features fitted wardrobes, while the third enjoys a peaceful rear position.
An open-plan reception room and kitchen benefit from triple river-facing windows, with a bathroom featuring a bath and overhead shower, and cloak storage in the hall, completing this standout family home.
Offering an exclusive development of four apartments with an unrivalled central address, 172 Nethergate presents a considered blend of quality, comfort, and convenience in coastal Dundee.
Set within the city’s desirable West End, the development lies close to the River Tay and well placed for everything the city has to offer.
Arranged across the lower ground and ground floors of a handsome Victorian B-listed townhouse, the apartments are well-proportioned with generous internal footprints, enhanced by new traditional-style sash windows that admit excellent natural light.
Sympathetically modernised and freshly completed, the interiors are presented in true move-in condition, finished in a calm neutral palette with contemporary detailing throughout.
Open-plan or connected living and kitchen spaces, together with multiple bathrooms, support modern lifestyles, while the central location offers excellent access to schooling, transport connections, and a wealth of attractions.
The townhouse was completed in the early Victorian period as the town residence of the esteemed mill manager William Brown, during the early rise of the city’s jute industry, which earned Dundee the affectionate nickname ‘Juteopolis’.
The imposing sandstone façade reflects this prosperity, featuring a distinctive double-bay frontage, balustraded steps, and a columned entrance porch.
A Category B listing recognises the building’s architectural and historical significance, with its position within the University Conservation Area placing it among an impressive collection of notable heritage buildings.
A UNESCO City of Design, Dundee offers a lively cultural scene centred around its revitalised waterfront, home to the V&A Dundee, RRS Discovery, and HM Frigate Unicorn.
The city also boasts a broad selection of restaurants, cafés, theatres, leisure facilities, shopping, and green spaces.
Well-served by road, rail, and air — including regular flights to London City Airport — Dundee provides excellent connectivity both locally and further afield.
The location is also well placed for education, with the University of Dundee on the doorstep and a wide selection of well-regarded state and independent schooling options available across the city, catering for all ages and stages.
The development comprises four carefully curated apartments, each designed to balance the architectural presence of a period townhouse with the expectations of contemporary living.
Living and kitchen spaces are arranged in either fully open-plan or subtly connected layouts, offering flexibility for entertaining and day-to-day life.
Predominantly south-facing rear aspects enhance natural light, while an open green outlook to the front provides a welcome sense of calm.
Select apartments also enjoy scenic views across the River Tay. Kitchens are fully integrated and supplied by Selan Design of Broughty Ferry, featuring premium appliances and clean-lined cabinetry.
Bathrooms and en-suites are also finished to a high standard, with elegant bath suites, rainfall showers, and practical storage.
One apartment is further distinguished by an ornate ceiling rose and decorative cornicing within the main living space, providing a striking link to the building’s historic origins.
Further benefits include new gas central heating, new double-glazed windows, a secure communal entrance, interconnected burglar, smoke, and fire alarms, and a sprinkler system.
Residents also enjoy shared access to a south-facing rear garden, while parking is secured by electric gates with an allocated space for each apartment.
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.
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FAQ
About 172 Nethergate, Dundee, DD1
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