1-bedroom flat · DD2 3AN
Sold STCListed 374 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Grays Lane in the charming city of Dundee, this delightful first-floor flat offers a perfect blend of comfort and convenience.
Built in 1890, the property retains a sense of character while providing modern living.
Spanning an impressive 678 square feet, this one-bedroom flat is move-in ready, making it an ideal choice for first-time buyers or those seeking a cosy retreat.
Upon entering, you are greeted by a spacious hallway that features a tall storage cupboard, ensuring ample space for your belongings.
The large sitting room is a standout feature, bathed in natural light thanks to its beautiful bay window, creating a warm and inviting atmosphere for relaxation or entertaining guests.
The bedroom is well-appointed with built-in storage cupboards and a wardrobe, providing practical solutions for your storage needs.
The flat benefits from a well-maintained communal entrance, leading to external lockable storage for added convenience.
Residents can also enjoy access to a rear enclosed shared garden, which is predominantly laid to lawn and features a drying area.
This sun-drenched garden is perfect for enjoying the outdoors or tending to your plants. Location is key, and this property does not disappoint.
It is ideally situated for easy access to a wealth of local amenities, including shops, cafes, and parks.
Furthermore, excellent transport links to Dundee City Centre and surrounding areas make commuting a breeze.
In summary, this charming one-bedroom flat on Grays Lane presents a wonderful opportunity to embrace comfortable living in a vibrant community.
With its character, convenient location, and move-in readiness, it is a property not to be missed.
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.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 1/L, 6, Grays Lane, Dundee
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