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Our Summary
- Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor
- Sure to appeal to shrewd buy to let investor looking for a great investment opportunity
- Property has been finished to a high standard and presents a turnkey investment opportunity
- *** 2, Cherrybank Gardens, Aberdeen, AB11 6FJ sold for £171,750 in April 2016, 3, Cherrybank Gardens, Aberdeen, Aberdeenshire, AB11 6FJ sold for £165,000 in November 2022 *** Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor
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Description
Prime Property Auctions presents a tenanted 2-bedroom flat in a popular central location in Aberdeen, just minutes from the university. The property, located at 2, Cherrybank Gardens, Aberdeen, AB11 6FJ, has been finished to a high standard and is currently let at £650/month, but could achieve £750-800/month in rent, providing an exceptional investment opportunity. The property offers a gross yield of 7.8% to 8.3% based on a guide price of £115,000, making it an attractive option for shrewd buy-to-let investors.
The property's spacious accommodation includes a large living room and kitchen, a large double bedroom, and a well-equipped bathroom, and benefits from double glazing and gas central heating. With the potential to generate an annual income of £9,000 to £9,600, this property is a turnkey investment opportunity that is priced to sell.