2-bedroom flat · DD1 3BH
Sold STCReduced £5k (−2.9%) on 22 SepListed 43 days
Opportunity summary
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About
Description A bright and well-positioned two-bedroom top-floor apartment situated within the popular City Quay development, just south-east of Dundee city centre.
Offering approximately 73m2 of accommodation, the property combines modern waterfront living with excellent access to the city's amenities and transport links.
The Home Report provides a market valuation of £190,000.
Located on the fifth floor of Panmure Court, the apartment enjoys views towards Camperdown Docks and the River Tay, with a wide range of amenities and facilities available nearby.
Dundee city centre, the waterfront and V&A Dundee are all within easy reach, alongside restaurants, bars, gyms and other leisure facilities.
Internally, the property opens into a welcoming entrance hallway leading to a spacious open-plan lounge and kitchen.
This sociable living space benefits from excellent natural light, with a Juliette balcony adding to the open and airy feel. There are two generously sized double bedrooms.
The main bedroom benefits from a full wall-to-wall mirrored wardrobe providing excellent built-in storage, together with a private en-suite W/C.
The second bedroom offers flexibility for use as guest accommodation, a home office or additional family space.
A separate family bathroom completes the accommodation and features a three-piece suite with an electric shower over the bath.
Panmure Court benefits from communal entrance and stairwell areas, with a lift serving all floors.
The Home Report also notes that the property benefits from an allocated parking space, with the exact location to be confirmed from the Title Deeds, together with a communal rear courtyard and bin store.
Further benefits include gas central heating, double glazing and an EPC rating of C (79). The EPC currently recommends no further energy-efficiency improvement measures.
The communal areas are understood to be maintained by James Gibb Residential Factors, with common buildings insurance included within the factoring arrangements.
Prospective purchasers should confirm the current charges and arrangements through their solicitor.
With its desirable City Quay setting, waterfront surroundings, allocated parking and spacious two-bedroom layout, this apartment should appeal to a broad range of purchasers, including first-time buyers, professionals, downsizers and investors.
Key Features Two Double Bedrooms Top-Floor / Fifth-Floor Apartment Spacious Open-Plan Kitchen & Living Area Juliette Balcony Main Bedroom with En-Suite W/C Family Bathroom Allocated Parking Space Secure Communal Access & Lift to All Floors Views Towards Camperdown Docks & River Tay Gas Central Heating & Double Glazing Approx.
73m2 Floor Area EPC Rating C (79) Popular Dundee City Quay Location Easy Access to Waterfront, V&A & City Centre Home Report Valuation: £190,000 Council Tax Band: D Tenure: Freehold
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
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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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