1 bedroom flat for sale

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1 bedroom flat for sale

Falconer Place, Inverurie AB51
£70,000

Our Summary

  • The property is offered at a DISCOUNT to ensure a fast sale at auction
  • There is fantastic sales evidence with similar properties selling for much higher:* 10 Dean House, Crossover Road, Inverurie, Aberdeenshire, AB51 4SH sold for £154,000 in December 2022, 15, Western Road, Inverurie, Aberdeenshire, AB51 4SP sold for £145,750 in February 2021 *Property is due to go to auction for our upcoming timed online event

Description

Prime Property Auctions presents a large 1 Bedroom flat in a sought-after location of Inverurie, with a HOME REPORT value of £100,000. The property boasts spacious socialising rooms and a large bedroom, with the potential to generate an annual income of £7,500 - £8,100. The property could achieve £625 - £675 per month, commanding an annual gross yield of 7.89% - 8.5%. With excellent sales evidence from similar properties selling for much higher, this is an excellent opportunity for a first-time buyer or shrewd investor. The property is offered at a discount to ensure a fast sale at auction and is due to go to auction for an upcoming timed online event.
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