2-bedroom flat · DD5 4DY
Listing removedReduced £80 (−9.1%) on 21 SepListed 75 days · slow let
Opportunity summary
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About
Immaculately presented modern part furnished two bedroom top (1st) floor flat in a highly desirable area of Monifieth. The property benefits from gas central heating throughout and double glazing.
The block houses 6 properties on two floors and is factored and communal areas and gardens are in exceptional condition.
Accommodation consists of an entrance hall with a walk in cupboard housing the gas boiler and another storage cupboard, large bright spacious living room with dining area with two feature windows giving stunning rooftop views to the River Tay.
Modern fitted kitchen with electric oven and gas hob, fridge/freezer and washing machine. Two double bedrooms, one with a double built in wardrobe with sliding mirrored doors.
Modern white bathroom suite with bath with mains shower over bath. A private allocated parking area comes with this property.
This property is situated within a well established estate and is only minutes walk from the centre of Monifieth and the beautiful waterfront area and beach.
Easy commuting to Broughty Ferry, Dundee and Angus. There are a variety of shops, supermarkets, restaurants, pubs and places of local interest within a short distance.
This flat is in the catchment area for highly rated Primary and High Schools. This property would suit a couple, two sharing, professional persons.
EPC Rating ‘C’ Council Tax Band ‘C’ Landlord Reg No : 987255/120/28011 Deposit: £875
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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About LORNE CRESCENT, MONIFIETH, Dundee
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