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1 bed flat
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Price History
Our Summary
- Property currently generates a rental income of £650pcm, which produces £7,800p/a providing an exceptional investment opportunity for a shrewd investor
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
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Description
This large one-bedroom flat in Aberdeen's city centre is a prime investment opportunity, with a Home Report valuation of £85,000 and a sale price of £101,000 for a similar property in the same area. The property has been recently refurbished and is in immaculate condition, with a monthly rental income of £650, generating an annual income of £7,800. The flat is easily lettable, located close to local amenities, and benefits from double glazing, off-street parking, and a secure door entry system.
The property also includes all white goods and furniture, making it a turnkey investment. With a guide price of £68,500, this property offers a 10% yield, making it an exceptional investment opportunity for a shrewd investor. The property is situated in a fantastic location that is likely to benefit from capital growth, with nearby sales evidence showing a significant increase in value.