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Walker Lane, Aberdeen AB11 1 bed flat for sale
Walker Lane, Aberdeen AB11
£17,000
Walker Lane, Aberdeen AB11
£17,000
Our Summary
- Some internal upgrading required
- AUCTION DATE: 01 May 2025
Description
This traditional flat is situated on the first floor of a converted building in the Torry area of the city, close to the city centre and with high tenant demand. The property requires some internal upgrading, but offers a fantastic rental yield of 25% at the opening bid price, with potential rental income of £6,000 per annum. The flat comprises a hall, lounge, kitchen, double bedroom, and shower room, and benefits from electric heating, UPVC double glazing, secure entry, and well-maintained communal spaces. With comparable sales in the area ranging from £35,000 to £60,000, this property presents a great opportunity for an investor or landlord to generate a strong return.