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1 bed flat
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Price History
Our Summary
- The property offers an immediate income as well as potential to increase the rent- £500 per month is low rent for the area
- Potential for capital growth as well as immediate rental income
- The property will be sold under auction terms and conditions by Braveheart Auctions
- The seller has indicated that pre-auction offers will be considered for this property
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Description
This income-producing investment property is a one-bedroom flat located in a popular rental area close to Aberdeen City Centre. The property is currently tenanted with a long-term tenant paying £500 per month, providing an excellent return on investment and immediate income. With potential to increase the rent, the property could generate a higher income of at least £600 per month, representing a massive return on investment.
The property features gas central heating, double glazing, and secure entry, and is situated in a thriving community with easy access to the city centre, university, and hospital. The property is being sold under auction terms and conditions, with the seller considering pre-auction offers. This is an excellent opportunity for investors to purchase a property with immediate income and potential for capital growth.