Victoria Road, Aberdeen, AB11 9NE 1 bed flat for sale

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Victoria Road, Aberdeen, AB11 9NE 1 bed flat for sale

Victoria Road, Aberdeen, AB11 9NE
£40,000

Our Summary

  • The property offers an immediate income as well as potential to increase the rent- £500 per month is low rent for the area
  • Potential for capital growth as well as immediate rental income
  • The property will be sold under auction terms and conditions by Braveheart Auctions
  • The seller has indicated that pre-auction offers will be considered for this property

Description

This income-producing investment property is a tenanted 1-bedroom flat located in a popular rental area close to Aberdeen City Centre. The property is currently generating a steady income of £500 per month from a long-term tenant, offering an excellent return on investment. With potential to increase the rent to at least £600 per month, this property represents an incredible yield and massive return on investment. The property features modern amenities such as gas central heating and double glazing, and is situated in a thriving community with easy access to the city centre, university, and hospital. With a price below the local average, this property offers potential for capital growth as well as immediate rental income, making it an attractive opportunity for investors.