Ashvale Place, Aberdeen AB10 1 bed flat for sale

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Ashvale Place, Aberdeen AB10 1 bed flat for sale

Ashvale Place, Aberdeen AB10
£35,000

Our Summary

  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This 1-bedroom flat in Aberdeen is a fantastic investment opportunity, currently tenanted at £400 PCM/£4800 PA, generating an attractive cash flow with a current yield of 10.6% at a guide price of £45,000. The property is located in a sought-after area, close to local amenities, and has a market rent of £600-£700 PCM/£7200-£8400, potentially yielding 14-16% gross return. The flat comprises an entrance hallway, open-plan kitchen/living area, double bedroom, and bathroom, making it an easily lettable property. The local area has seen recent strong sales, demonstrating demand, and the property is open to immediate offers. With a Home Report valuation of £75,000, this is a potentially high-yielding investment property at a fantastic price.