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2 bedrooms apartment for sale in Dumfries and Galloway, United Kingdom

145 000£

Castle Street‚ Dumfries‚ DG1

Features

  • First floor apartment
  • Two double bedrooms
  • Dumfries town centre location
  • Spacious accommodation
  • Secure door entry system & communal lift to all floors
  • Residents’ car park
  • Riverside location & views
  • Potential buy-to-let investment opportunity

Property description

The property, situated at Castle Street in Dumfries, offers a unique opportunity to own a first-floor apartment with direct views of the River Nith. Priced at £145,000, this chain-free investment provides a great opportunity for both real estate and lifestyle purchasers. From a real estate investment perspective, the property's prime location and competitive price make it an attractive prospect. Dumfries, being a thriving town with excellent transportation links and local amenities, presents good rental yield potential. The CHAIN-FREE status means that the property can be immediately rented out, providing a steady income stream and capital appreciation. Investment returns can be assessed by comparing the rental income generated to the property's purchase price, and notably, the vacancy rate and tenant turnover rate in the area. Long-term tenants can ensure more consistent cash flow, making this property appealing to both short-term and long-term investors. As a lifestyle purchase, the property provides the perfect setting for a peaceful and picturesque living environment. The Castle Street location offers easy access to shops, restaurants, and local attractions in Dumfries, while the riverfront setting offers tranquil views and recreational opportunities, such as fishing and boating. The apartment's proximity to other historical sites, like Dumfries Castle, adds to the property's appeal as a place to live, work, or retire. Additionally, buyers can benefit from the apartment's modern features, including first-class finishes and ample living space, creating a comfortable and inviting atmosphere that suits individual needs and preferences. In conclusion, this property at Castle Street, Dumfries, offers a unique blend of potential and convenience. The appealing price, prime location, and modern amenities make it an attractive option for both real estate investors and those seeking a lifestyle upgrade. With a balanced mix of financial growth and personal satisfaction, this property has the potential to meet a range of individual needs and goals.

Location

Date added: 24.07.2024

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