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2 bed property, in Crown Street, £90,000
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2 bed property

Crown Street, Aberdeen AB11
£90,000
-18.2%

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Price History

Initial price £110,000
Mar 19, 2025 £95,000
Apr 1, 2025 £90,000
Price Change -18.2%

Our Summary

  • Location: Aberdeen, nestled along the stunning northeastern coast of Scotland, offers an unparalleled investment opportunity in one of the country's most dynamic cities

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Description

Prime Property Auctions presents a fantastic 2-bedroom top-floor apartment in a popular buy-to-let location in Aberdeen, with a Home Report value of £120,000. The property is currently tenanted until October 2024 at £645 PCM, with potential to increase the rental income to £700-£750 PCM, providing a gross yield of 8%-9%. The apartment is located near local amenities, schools, and public transport, making it an attractive investment opportunity for shrewd investors.

With a previous sales history of similar properties in the area, this property is poised to appeal to investors seeking a passive turn-key investment vehicle. The property is owned by a limited company, offering the option to take over the company and simplify the transaction process. Aberdeen, known as the "Granite City," is a dynamic city with a robust economy, excellent transport links, and a growing tourism industry, making it an attractive location for investors.