Page 16 - Shepherd Commercial Auctions - Catalogue 21/08/2025

Lot 12
Block C, 17 Hawkhill, Dundee, Angus DD1 5DL
High Quality Portfolio of 3 x 4-bedroom Flats
Features
• Student Accommodation
• Double glazing/electric heating
• Communal Areas
• Bike store/on-site parking available
Description
The subject properties comprise 3 x 4-bedroom flats all with en-suite facilities. The
subjects form part of a mid terraced five storey building which accommodates twenty
flays forming part of a 115 unit development.
The main walls would appear to be of steel / frame construction externally clad in
concrete block and masonry infill with a render finish and facing brick features.
It is understood the properties were constructed in approximately 2006.
Location
Dundee is located on the east coast of Scotland approximately mid way between
Aberdeen (65 miles) to the north and Edinburgh (80 miles) to the south overlooking the
Tay Estuary and has a resident population of around 155,000 persons and a catchment
of some 235,000 persons. It is Scotland’s fourth largest City and is the regional centre for
employment, services and retailing within Tayside.
The subjects are situated within a mixed residential and commercial locality within
Dundee City where surrounding properties comprise residential units, Dundee University
campus and various commercial premises including retail and public houses. The
subjects are convenient to most local amenities and public transport facilities.
Services
MANAGEMENT AND MAINTENANCE
The Legal Pack contains a document that sets out: -
the company’s approach to the management and maintenance of common parts, which
includes a commitment to prioritise proactive long-term lifecycle maintenance as well as
routine maintenance and repairs, recovered through a Service Charge payable by the
owners on a proportional basis, according to the number of bedspaces owned.
Budgeting is done annually for the operational expenditure and common parts
maintenance. Repair works are carried out by retained on-site staff or external
contractors, as appropriate.
*Guide Price £410,000 (plus fees if applicable)
Energy Performance Rating To be confirmed.
Planning
The flats are open for occupation by students enrolled in full-time courses at
a Higher or Further Education institution located within the Dundee Local
Authority area. Outside education term times, the flats may also be occupied
by business/conference delegates and tourist visiting the city. Details are
available in the Legal Pack.
Note
The Legal Pack includes details of a company which flat owners may apply
to join, as members, operated on the basis that income from flats owned by
all members is pooled and then shared in accordance with the rules of that
company, so that an individual owner will not suffer an entire loss of rent if
their flat had any void periods.
Auction Type
Unconditional Sale - The buyers fee is 3.6% inc VAT(3% plus VAT) subject
to a minimum of £3,600 inc VAT(£3,000 plus VAT).
16 * Please see Buyer’s Terms for definition of guide price
and auction fees