Theatre Lane, Aberdeen AB11 4 bed flat for sale

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Theatre Lane, Aberdeen AB11 4 bed flat for sale

Theatre Lane, Aberdeen AB11
£70,000

Our Summary

  • We are excited to present this rare 4-bedroom flat within a Prime location in Aberdeen The property requires a degree of renovation to unlock its full potential
  • Sure to appeal to builders/investors looking for Rare auction property
  • Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £250 per night (£63,700 P/A) based on 70% occupancy
  • An excellent opportunity for an owner-occupier/ builder to secure a small renovation project in a sought-after area
  • * Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £250 per night (£63,700 P/A) based on 70% occupancy
  • An excellent opportunity for an owner-occupier / builder to secure a small renovation project in a sought-after area
  • The property requires a degree of renovation to unlock its full potential
  • Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth
  • Property would benefit from a light degree of renovation
  • 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 rare 4-bedroom flat in Aberdeen's prime location is an exciting opportunity for builders/investors or owner-occupiers. The property requires some renovation to unlock its full potential, but with the right planning permission, it could be converted into a lucrative Airbnb, generating £63,700 per annum based on 70% occupancy. Alternatively, it could be a dream home for a loving family or a great investment opportunity for those looking for a high-yielding property. With its fantastic capital growth potential and proximity to the city's amenities, this property is sure to appeal to those looking for a unique renovation project or a solid investment.