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The Penthouse, No.4 The Ropeworks, 51 Magdalen Yard Road, Dundee, DD1
For saleReduced 9 Sept 2026
£450,000Fixed price

The Penthouse, No.4 The Ropeworks, 51 Magdalen Yard Road, Dundee, DD1 4NF

3bedrooms
2bathrooms
Penthousetype
1,615sq ft

Listed 24 Jul 2026 · price reduced 9 Sept 2026 · Dundee

How the price compares

This home£450,000£279 per sq ft
Median 3 bed in DD1£170k9 homes listed · £202 per sq ft
Difference+165%above the area median

Key features

  • Attractive Fixed Price £35,000 beneath Home Report Valuation
  • Exceptional full-floor penthouse occupying the entire top level
  • Bespoke navy kitchen with quartz waterfall island and Bosch appliances
  • Luxurious principal suite with fitted dressing room and standout en-suite
  • Two beautifully finished bathrooms with freestanding baths and walk-in showers
  • Large covered terrace overlooking Magdalen Green
  • Two private parking spaces

About this home

| Fixed Price - £35,000 Below Home Report Valuation |

The former Tay Rope Works, with its striking sandstone facade, remains the centrepiece of a development that blends the building’s industrial heritage with a bold contemporary mix of classic style, glass, zinc and clean modern lines. The setting is exceptional, with Magdalen Green on the doorstep and views towards the River Tay and rail bridge. The West End’s restaurants, university campus and city centre are all within comfortable walking distance. Ninewells Hospital is a short drive away, Dundee Airport is closer still, and the location is particularly convenient for those commuting to London. The penthouse occupies the entire top floor, a rare distinction in any city and one that defines the sense of space and privacy throughout the home. An apartment of this specification has not come to the Dundee market before. A carpeted staircase rises to a private storage area before opening through the vestibule into one of the most impressive entrance halls found in any Dundee apartment. Wide, bright and finished with solid oak doors throughout, it gives an immediate sense of the scale and quality of the accommodation. Three excellent double bedrooms lead from the hallway, all well proportioned and generously fitted. The principal bedroom is particularly impressive, with a partially open-plan walk-in dressing room fitted with shelving, hanging space and drawers. Both bathrooms are finished to an exceptional standard, with freestanding baths, large walk-in showers, flush-mounted televisions and designer sanitary ware throughout. The principal en-suite also features a ceiling-flush rainfall shower with brushed brass hardware and herringbone parquet flooring. The living accommodation is arranged across two connected but distinct spaces. The lounge is a calm, beautifully proportioned room with LED cornice lighting and French doors opening into the kitchen, dining and family room. The kitchen is where this home sets itself apart. It features a fully bespoke installation finished in deep navy blue with brushed brass hardware, a large central island with mitred quartz waterfall edges, retractable extraction integrated into the island and Bosch appliances throughout. Herringbone parquet flooring runs the full length of the room, complemented by warm, carefully considered feature lighting. A separate utility room sits off the kitchen and is fully fitted with a washing machine, tumble dryer and sink. A large covered terrace provides sheltered outdoor space with an open outlook across Magdalen Green. Two private parking spaces are located to the rear and are accessed through a characterful pend finished with quality block paving.  Heating is provided by an air source heat pump, offering an efficient system with impressively low running costs throughout the year. A CCTV system covers the entrance hallway and parking area, while a security alarm system is also installed. The Ropeworks was already completed to a high specification when built. The current owner has taken that foundation further, investing in materials and finishes that place this among the most luxurious apartments ever brought to the Dundee market.

This is, quite simply, one of the finest homes of its kind the city has seen in recent years.

Parking - Allocated parking

Property details

Property type
Penthouse
Size
1,615 sq ft / 150 sq m
Council tax band
F
Parking
Off street
Garden
Communal garden
Heating
Air source heat pump
Electricity
Mains supply
Water
Mains supply

Floorplan

All

Location

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  • Dundee Station0.7 mi
  • Invergowrie Station2.7 mi
  • Broughty Ferry Station4.5 mi

Buying costs

Monthly repayment£2,251£45,000 deposit · £405,000 loan
LBTT£18,350Scotland rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Verdala, Dundee on Rightmove (original listing). First listed 24 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 09/09/2026.

Agent disclaimer

Disclaimer - Property reference 5b56029d-aee5-42e1-bca5-a95b0b5ee523. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Verdala, Dundee. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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