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Income Producing Accomodation , Alloway Place, Dundee, DD4 8UA

37,674 Sq Ft / Other

Withdrawn - Last updated: 13 June 2023

The subjects comprise purpose-built student accommodation formerly operated by Abertay University. The buildings provide space for 144 beds and were constructed during the early 1980’s and have been recently refurbished to a high standard. The site is arranged into 3 blocks of 6 flats which each flat comprising 8 single bedrooms with shared lounge/kitchen and amenities. The buildings are 3 storeys in height with additional projections to the side. The main walls are of brick construction, harled externally and with pitched concrete tiled roof over. Also located at the front of the site are 2 detached caretaker bungalows of similar construction. The site is serviced with tarmac access road and the remainder is landscaped/grassed surfaced.

Location

Dundee, located on the East coast of Scotland lies approximately midway between Aberdeen (circa 105 kilometres 65 miles) to the north) and Edinburgh (circa 96 kilometres 60 miles) to the south). Dundee is Scotland's fourth largest City with a resident population of circa 150,000 persons (National Records of Scotland). The city benefits from excellent transport links, with daily flights to London (City Airport) and Belfast (from 2020 and rail links into London (Kings Cross). The ongoing Dundee Waterfront £XXX Billion re-development has attracted major investment into the city with the opening of the V&A Museum in September 2018 significantly contributing to Dundee’s growth as a major business and tourism centre.

Accommodation

Caretakers Bungalow 1 3 bedrooms, Living/Kitchen and Bathroom 81.34 sq m (876sq ft )

Caretakers Bungalow 2 3 bedrooms, Living/Kitchen and Bathroom 81.34sq m ( 876sq ft )

Clova Block 6 Flats x 8 Bedrooms, 2 Staff Bedsits and Laundry Block 1,191.02sq m ( 12,809 sq ft )

Isla Block 6 Flats x 8 Bedrooms and Recreation/Common Room 1,090.11 sq m (11,733 sq ft )

Prosen Block 6 Flats x 8 Bedrooms and Staff Area with Office, Canteen, Toilet and Storage Facilities 1,124.61sq m ( 12,105sq ft )

Terms

ENERGY PERFORMANCE CERTIFICATE Available upon request.

TERMS Our clients are seeking offers for their heritable interest..

VAT All prices are quoted exclusive of VAT if applicable.

Specification

  •  HMO GRANTED AND INCOME PRODUCING POTENTIAL OF £XXX PER ANNUM. 
  • PROMINENT LOCATION ADJACENT TO KINGSWAY, DUNDEE'S OUTER RING ROAD 
  • FUTURE DEVELOPMENT POTENTIAL ON 3.89 ACRES (1.57 HECTARES) SITE. 
  • OFFERS INVITED.


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