1 bedroom flat for sale

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1 bedroom flat for sale

Castle Street, Aberdeen AB11
£55,000

Our Summary

  • PART OF PORTFOLIO SALE - TENANTED INVESTMENT OPPORTUNITY• Excellent Buy to Let investment Opportunity Property
  • Excellent Buy to Let investment Opportunity Property

Description

The property is a 1 bedroom flat located in a central location in Aberdeen, currently tenanted at £415 per month. The property has a gross annual rental income of £4,980 and a gross yield of 7.4%, with potential to increase to £5,100 - £5,400 with a gross yield of 8.3%. The property is in excellent condition and has good road links, making it an ideal investment opportunity with potential for capital growth. The area is also home to a diverse range of industries, including the offshore petroleum industry, contributing to the city's international population and demand for rental properties.
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