Investment Property in Dundee

Invest in Real Estate in Dundee

Investment Property in Dundee
Investment Property in Dundee

Dundee property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Dundee .

Search Map of Dundee Investment Real Estate

Dundee (; Scots: Dundee; Scottish Gaelic: Dùn Dè or Dùn Dèagh [t̪un ˈtʲeː]) is Scotland’s fourth-largest city and the 51st-most-populous built-up area in the United Kingdom. The mid-year population estimate for 2016 was
148,210, giving Dundee a population density of 2,478/km or 6,420/sq mi, the second-highest in Scotland. It lies within the eastern central Lowlands on the north bank of the Firth of Tay, which feeds into the North Sea. Under the name of Dundee City, it forms one of the 32 council areas used for local government in Scotland.

Within the boundaries of the historic county of Angus, the city developed into a burgh in the late 12th century and established itself as an important east coast trading port. Rapid expansion was brought on by the Industrial Revolution, particularly in the 19th century when Dundee was the centre of the global jute industry. This, along with its other major industries, gave Dundee its epithet as the city of “jute, jam and journalism”.

Today, Dundee is promoted as “One City, Many Discoveries” in honour of Dundee’s history of scientific activities and of the RRS Discovery, Robert Falcon Scott’s Antarctic exploration vessel, which was built in Dundee and is now berthed at Discovery Point. Biomedical and technological industries have arrived since the 1980s, and the city now accounts for 10% of the United Kingdom’s digital entertainment industry, including mobile app development and gaming. Dundee has two universities – the University of Dundee and Abertay University. In 2014, Dundee was recognised by the United Nations as the UK’s first UNESCO City of Design for its diverse contributions to fields including medical research, comics and video games.

A unique feature of Dundee is that its two professional football clubs, Dundee F.C. and Dundee United F.C., have stadiums all but adjacent to each other.

With the decline of traditional industry, the city has adopted a plan to regenerate and reinvent itself as a cultural centre. In pursuit of this, a £1 billion master plan to regenerate and to reconnect the Waterfront to the city centre started in 2001 and is expected to be completed within a 30-year period. The V&A Dundee – the first branch of the V&A to operate outside of London – is the main centre piece of the waterfront project.

In recent years, Dundee’s international profile has risen. GQ magazine named Dundee the “Coolest Little City in Britain” in 2015 and The Wall Street Journal ranked Dundee at number 5 on its “Worldwide Hot Destinations” list for 2018.

The financial stability of Dundee has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Dundee

 

Renting out your Dundee buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Dundee are – preparation is key.

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Dundee and be prepared to change your initial outlook.
  • Thoroughly research the Dundee location with a special emphasis on fringe areas outside the main Dundee metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Dundee.
  • Ensure that your target investment property in Dundee appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

 

With our expert guidance, investing in Dundee provides the secure knowledge that your money is working harder than it would in a local Dundee bank and that future generations of your family will be left with substantial capital growth assets.

 

We are always happy to advise on buying investment property in Dundee, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Dundee property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Dundee

Flipping property in Dundee

 

Flipping property is when we advise clients to buy a Dundee property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Dundee market has a time to react to the renovation.

 

The Flipping Strategy in Dundee

 

Investment property flipping in Dundee is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Dundee real estate investments are sometimes referred to by professionals as ‘distressed’ Dundee real estate.

 

What is distressed Dundee property:

 

  • Dundee property in need of renovation
  • Dundee real estate with a change of purpose and use
  • Oversold Dundee property
  • Bank repossessions in Dundee

Put simply, long term investors in Dundee purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Dundee investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Dundee property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Dundee use a minimum profit value of 22% when looking at potential Dundee projects.

 

The reason for this is because there are lots that can go wrong in Dundee property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Invest through a Fund in Dundee

 

Property Secured Investments is a Private Equity fund that invests in Dundee and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Dundee

For luxury property investors hoping to add a superb property in Dundee to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

 

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Dundee, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Dundee should be entrusted to only the highest-quality agency.

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