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6 Bedroom HMO Opportunity, 1st Floor, 4 Whitehall Street, Dundee, DD1 4AF

not specified / Other / Investment

Sold - Last updated: 12 August 2024

The property comprises a large self-contained first floor commercial space which has been partially renovated. The property is contained within a four storey and attic building containing a mix of residential, office and retail uses. The building is Category B Listed and contained within Dundee’s Central Conservation Area.

Location

The property is situated in the city of Dundee with an estimated population of c.150,000. The city lies on the eastern side of Scotland on the northern banks of the Firth of Tay and is home to two universities, an airport and significant Scottish businesses including Alliance Trust, Stagecoach and D C Thomson.

The city is enjoying a new vibrancy driven by a £1billion transformation of the waterfront including upgraded infrastructure and new iconic developments such as the building of the V & A Dundee, an international centre for design due to open this year. This investment has also been pivotal in the city attracting new hotel groups who are expected to deliver almost 1,000 additional rooms due to the expected surge in tourism. In total, this investment is predicted to deliver in excess of 7,000 new jobs to the city improving the city’s profile of both residential and commercial property.

The property is located at the junction of Whitehall Street and Nethergate within the city centre in a mixed commercial/residential area. As a consequence, it enjoys excellent access to local amenities and facilities and is within a short distance of both universities.

Accommodation

Proposal - Plans have been drawn up to create a 6-bedroom HMO property. These plans can be provided to interested parties.

Terms

ENERGY PERFORMANCE - Energy Performance Indicator – D

LOCAL AUTHORITY CONSENTS - We recommend interested parties make their own enquiries in relation to obtaining all necessary local authority consents and approvals. Conditional offers will be accepted.

PRICE - Our client is seeking offers in excess of £95,000 for their heritable interest in this property. Please note VAT is not applicable.

OFFERS - In the normal Scottish form addressed to this office.

Specification

  • 6-Bedroom HMO Opportunity
  • Partly Refurbished
  • New Central Heating Boiler
  • Town Centre Location
  • Offers Over £95,000


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