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See how verdicts work2-bedroom flat · DD2 1AF
Under offerListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Caledonia Portfolio presents Step Row, Dundee. This 2-bedroom tenanted flat offers a prime investment opportunity in Dundee.
Currently generating £915 pcm with a reliable tenant in place, it provides immediate rental income alongside long-term potential within a consistently performing rental location.
There is also the option to combine this purchase with two additional properties in Glasgow (White Street and Graeme House), forming a 3-unit, multi-location portfolio.
Caledonia Portfolio Insight We have classified this property as a Prime Investment Opportunity.
With strong rental income, a tenant in situ, and a straightforward investment profile, it represents a well-balanced asset suited to both new and experienced investors.
There is also the option to combine this purchase with two additional properties in Glasgow (White Street and Graeme House), allowing for a larger, diversified portfolio acquisition.
A securing fee will be required to progress the purchase through Caledonia Portfolio. Why Dundee?
Dundee continues to attract investor demand due to its affordability, strong yields, and consistent rental demand.
Areas such as Step Row appeal to working tenants and long-term renters, providing stable occupancy and reliable income.
The city offers a compelling balance of cash flow and long-term growth potential.
Securing the Opportunity As with all Caledonia Prime Opportunities, a securing fee is required to confirm exclusivity and progress the sale.
This fee is incorporated into the agreed purchase price and is fully refundable in the event of non-completion, ensuring transparency and buyer protection. Thinking of Selling?
At Caledonia Portfolio, we specialise in presenting properties directly to serious, qualified investors.
Whether you are selling a single asset or a full portfolio, our targeted approach ensures your property reaches buyers actively seeking income-producing opportunities.
If you are considering selling, speak with us to understand how we can maximise exposure, competition, and final value.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs

FAQ
About Step Row, Dundee, DD2
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