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Theatre Lane, Flat B, Aberdeen AB11 4 bed flat for sale
Theatre Lane, Flat B, Aberdeen AB11
£52,000
Theatre Lane, Flat B, Aberdeen AB11
£52,000
Our Summary
- *SUPERB 4 BED FLAT with * Located in a sought after buy to let location of Aberdeen *Recently as HMO* EXCELLENT 20%+ POTENTIAL YIELD* *FORMER HMO FLAT* Great opportunity for serviced accommodation (STL)*Located directly beside Aberdeen Harbour*Massive potential high earning serviced accommodation (STL)* *93 Mearns Street SOLD FOR £190000 Nov 2021; 85 Mearns Street SOLD FOR £150,000 Oct 2021; 51 Mearns Street SOLD FOR £130000; 10 Martins Lane SOLD FOR £84,000 Nov 2021; 42 Flat E Regent Quay £90000 2021* *Realistic Rent in the area for this property of up to £1250pcm giving an annual income of £15,000, which would give an EXCELLENT YIELD of 20% if achieved for the guide price* *If operated as serviced accommodation a nightly rate between £100-£150 could potentially be achieved*Ideally located next to docks and ferry terminal, also close to City Centre* 93 Mearns Street SOLD FOR £190000 Nov 2021; 85 Mearns Street SOLD FOR £150,000 Oct 2021; 51 Mearns Street SOLD FOR £130000; 10 Martins Lane SOLD FOR £84,000 Nov 2021; 42 Flat E Regent Quay SOLD FOR £90000 Sept 2021 Auction Details06 March 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
- AUCTION DATE: 06 March 2025
Description
This 4-bedroom flat is a superb opportunity for a buy-to-let investor or those looking to operate a serviced accommodation. Located in a sought-after area of Aberdeen, directly beside the harbour, the property has massive potential for high earning serviced accommodation. With a guide price of £130,000, the property could generate a realistic rent of up to £1,250 per month, resulting in an excellent yield of 20% if achieved. Alternatively, it could be operated as serviced accommodation, with the potential to charge a nightly rate of £100-£150. The property is ideally located next to the docks and ferry terminal, as well as the city centre, making it an attractive option for tourists and business travelers. With recent sales of similar properties in the area achieving high prices, this property has significant potential for capital growth and income generation.