Walker Lane, Aberdeen AB11 1 bed flat for sale

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Walker Lane, Aberdeen AB11 1 bed flat for sale

Walker Lane, Aberdeen AB11
£18,000

Our Summary

  • Some internal upgrading required
  • AUCTION DATE: 09 May 2025

Description

This traditional flat is located on the first floor of a converted building in the Torry area of Aberdeen, close to the city center. The property has a high demand from tenants, making it an ideal investment opportunity for a landlord or developer. With a potential rental income of £6,000 per annum, the property offers a fantastic rental yield of 25% at the opening bid price. The flat comprises a hall, lounge, kitchen, double bedroom, and shower room, and features electric heating, UPVC double glazing, secure entry, and well-maintained communal spaces. While some internal upgrading is required, the property offers a great opportunity for renovation and rental income. Comparable sales in the area include a one-bedroom flat on Victoria Road that sold for £48,000 in 2024, and a one-bedroom flat on Abbey Place that is currently marketed at £49,995.