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Walker Lane, Aberdeen AB11 1 bed flat for sale
Walker Lane, Aberdeen AB11
£24,000
Walker Lane, Aberdeen AB11
£24,000
Our Summary
- Property requires some upgrading prior to Habitation/rental
- *EPC RATING C* IDEAL FOR DEVELOPER - minor works required
- AUCTION DATE: 01 May 2025
- **EPC RATING C** IDEAL FOR DEVELOPER - minor works required
Description
This converted ground floor flat is an ideal investment opportunity for an investor, landlord, or developer, located close to Aberdeen city centre with high tenant demand. The property requires some upgrading prior to habitation or rental, but with a low capital outlay, it 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. With the potential to generate £6,000 per annum in rental income, this property is ripe for the rental market and presents a great opportunity for investors to generate a high return with minimal outlay.