Castle Street, Aberdeen AB11 1 bed flat for sale

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Castle Street, Aberdeen AB11 1 bed flat for sale

Castle Street, Aberdeen AB11
£55,000

Our Summary

  • TENANTED INVESTMENT OPPORTUNITY• Excellent Buy to Let investment Opportunity Property
  • Excellent Buy to Let investment Opportunity Property

Description

This is a tenanted investment opportunity in Aberdeen, Scotland, featuring a one-bedroom flat currently let at £415 per month. The property has a long-term tenant in place since 2018, with all payments up to date. The flat is professionally managed and benefits from being located in an easy lettable area, close to local amenities and with good road links. The property is sold in excellent condition, with a rental potential of £425-£450 per month, generating a gross yield of 8.3% if achieved for an opening bid price of £65,000. The location is ideal for a buy-to-let investment, with nearby shopping facilities, public transport, and leisure activities. The property's central location and growing demand for renewable energy in the North East make it an attractive opportunity for investors looking for an affordable property with capital growth potential.