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114 Hilltown, Dundee, Angus, DD3 7BG - Image 1
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114 Hilltown, Dundee, Angus, DD3 7BG

Scotland

£68,000

Listed on 23/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Property

Description

This property in Hilltown, Dundee, presents a valuable investment opportunity with existing planning permission to transform a former mill into five two-bedroom flats spread across three levels. The development is set within a residential neighborhood known for its strong rental demand, making it an ideal project for developers looking to capitalize on the local market. Key amenities, including shops, schools, and public transport links are nearby, enhancing the appeal for potential tenants or buyers. Detailed planning information can be accessed through Dundee City Council's planning portal (reference 22/00699/FULL). With similar flats in the area fetching around £200,000 each, this venture could yield substantial returns for the right investor.

Investment Analysis

(DD3 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£157
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (DD3)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -2.8%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on DD3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

114 Hilltown, Dundee, Angus, DD3 7BG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£257
Based on a loan of £51,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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