Cherrybank Gardens, Aberdeen AB11 2 bed flat for sale

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Cherrybank Gardens, Aberdeen AB11 2 bed flat for sale

Cherrybank Gardens, Aberdeen AB11
£115,000

Our Summary

  • * 2, Cherrybank Gardens, Aberdeen, AB11 6FJ sold for £171,750 in April 2016, 3, Cherrybank Gardens, Aberdeen, Aberdeenshire, AB11 6FJ sold for £165,000 in November 2022 * Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor
  • Sure to appeal to shrewd buy to let investor looking for a great investment opportunity
  • Property has been finished to a high standard and presents a turnkey investment opportunity
  • Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor

Description

Prime Property Auctions is offering a 2-bedroom flat in a popular central location in Aberdeen, just minutes from the university. The property has been finished to a high standard and is currently let at £650 per month, but could potentially achieve £750-800 per month, providing a gross yield of 7.8-8.3% based on a guide price of £115,000. The flat has a spacious living room and kitchen, a large double bedroom, and a well-equipped bathroom, making it an attractive investment opportunity for a shrewd buyer. With double glazing and gas central heating, the property is energy-efficient and has the potential to generate an annual income of £9,000-£9,600.
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