Trades Lane, Dundee, DD1
NO

Trades Lane, Dundee, DD1

By Northwood

£ 140,000

Reviews

3 out of 5 stars

Northwood says ..

Northwood are delighted to bring to the market, this beautifully presented two bedroom flat in Dundee City Centre.  Close by to all local amenities and transport links.

Property Oracle says ..

This property is a 2 bedroom, 2 bathroom flat located in the Maryfield area of Dundee. The flat is modern and well presented, appearing to be in excellent condition. The images show a contemporary interior with modern fixtures and fittings. The property benefits from a small balcony.

The location is reasonably convenient, with Dundee city centre within a short distance. The proximity to the Dundee ScotRail station is a positive factor for commuters. However, the lack of nearby schools may be a drawback for families.

The plot size is relatively small, typical of a flat in an urban setting. There is no garden, but the small balcony provides some outdoor space.

Considering the average price per square foot in the area is £291 and this property is listed at £140,000 for 613.69 sqft, resulting in a price per sqft of approximately £228. This suggests the list price may represent good value, especially given the modern condition and convenient location. However, it’s worth noting that the average property price in the area is significantly higher at £321,187, indicating that this property is considerably smaller and potentially less desirable than the average. The lower price may reflect the smaller size and lack of outdoor space beyond the balcony.

Based on the provided information, the property is likely to appeal to young professionals or couples seeking a modern, well-maintained flat in a convenient location. The lack of information on nearby schools and amenities limits a full assessment of its desirability to families.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
7
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
613.69
Lot (est)
651.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
299,533.00 £
Decreased by 4.46 %
from 313,511.00 £
Est sale value
209,268.29 £
Increased by 11.07 %
from 188,402.83 £
Average area rental value
1,335.00 £/mo
Increased by 8.54 %
from 1,230.00 £/mo
Est letting value
613.69 £/mo
Unchanged by 0.00 %
from 613.69 £/mo
Est rental Yield
5.35 %
Increased by 13.59 %
from 4.71 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Northwood created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queen Street £ 000.00 KM
Mary Ann Lane £ 000.00 KM
Tay Road Bridge £ 000.00 KM
Wishart Archway £ 000.00 KM
Forebank Street £ 70,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Dundee9039DEE0.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Trades Lane, Dundee, DD1 £ 140,000BUY6 / 100.00 KM
Trades Lane, Dundee, DD1 £ 160,000BUY5 / 100.02 KM
Allan Lane, Dundee £ 110,000BUY4 / 100.03 KM
Allan Lane, Dundee, DD1 £ 135,000BUY6 / 100.03 KM
4 St Andrews Lane, Flat 2, DD1 2EY £ 170,000BUY5 / 100.16 KM