Victoria Road, Torry TENANTED... 1 bed flat for sale

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Victoria Road, Torry TENANTED... 1 bed flat for sale

Victoria Road, Torry TENANTED INVESTMENT, Aberdeen AB11
£14,000

Our Summary

  • * HIGH YIELDING INVESTMENT OPPORTUNITY * - Property producing rent of £350pcm giving an annual income of £4,200 and OFFERING SUPERB YIELD OF 18% if achieved for guide price
  • 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

Description

This is an immediate income-producing investment opportunity in a popular residential location within Aberdeen. The property is a large 1-bedroom flat with a settled long-term tenant paying £350 per month, equivalent to £4,200 per annum, providing a high yield of 18% if achieved for the guide price. The property has a RICS home report value of £35,000 and is situated in an area with excellent local sales evidence, with nearby properties selling for up to £52,000. The property features an entrance hallway, living room diner, kitchen, double bedroom, and bathroom, as well as a secure door entry system and on-street parking. This is a rare opportunity to purchase a high-yielding investment property in a desirable location, with the added convenience of a timed online auction on March 6, 2025.
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