The Auld Mill Station Road, Bridgend... 2 bed flat for sale

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The Auld Mill Station Road, Bridgend... 2 bed flat for sale

The Auld Mill Station Road, Bridgend Turriff AB53
£49,000

Our Summary

  • WOULD SUIT INVESTOR LANDLORD - potential for seasonal Air BnB could offer more lucrative return
  • *COMPARABLE SALES* 2 Bed flat within mill sold 2023 £83,500*Properties sold at £100,000 in past - good potential for long term capital gain whilst generating income*Auction Details03 April 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • **COMPARABLE SALES** 2 Bed flat within mill sold 2023 £83,500**Properties sold at £100,000 in past - good potential for long term capital gain whilst generating income**
  • AUCTION DATE: 03 April 2025

Description

This is a turnkey investment opportunity in a historic mill building in a rural location near the market town of Turriff. The property is a tenanted flat with two bedrooms, bathroom, lounge, dining kitchen, and hall, with an internal size of approximately 53 square meters. The flat is double glazed and has gas central heating, and comes with a car parking space. The current rent is £450 per month, which has remained the same since 2008. The property has potential for seasonal Airbnb rentals, with an estimated income of £120 per night in high season. The mill building is over 200 years old, with the current apartments converted in 1995/96. The property is located near the town center, but on the rural outskirts, making it ideal for Airbnb rentals. Comparable sales in the area have ranged from £83,500 to £100,000, indicating potential for long-term capital gain while generating income. The property will be auctioned on April 3, 2025, and interested buyers can submit an enquiry or visit the website for more information.
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