1 bedroom flat for sale

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1 bedroom flat for sale

29 Ruthrieston Road, Aberdeen, Aberdeenshire, AB10 7JR
£40,000

Our Summary

  • One bedroom ground floor flat If you’re looking for an outstanding refurbishment project in Aberdeen then this one bedroom flat could be ideal for you
  • A programme of refurbishment is required which offers a great opportunity to add value, with rental investors potentially enjoying post works income of £5,685 per annum (LHA rate) with market comparables suggesting a greater level of rental income may be available
  • Outstanding refurbishment project

Description

This one-bedroom ground-floor flat in Aberdeen is a refurbishment project waiting to happen. Located approximately three miles southwest of the city center, the property is part of a block of six and requires a program of refurbishment to unlock its full potential. With a rental income potential of £5,685 per annum (LHA rate) and comparable sales in the area reaching up to £60,000, this property offers a great opportunity for investors or first-time buyers to add value. The flat is situated in the sought-after West End, with easy access to the city center, public transport links, and major routes. The property is being sold with the understanding that no tests have been made of services, equipment, or fittings, and no warranty is given or implied as to the condition of the building, services, fixtures, or fittings. Early viewing is essential to appreciate the outstanding value on offer.