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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
- *COMPARABLE SALES*1 Bed Victoria Road sold 2024 £48,000*1 Bed Abbey Place currently marketed at £49,995*1 Menzies Road (1 bed) sold 2024 £35,000*1B Walker Place (1 bed) sold 2023 at £60,000*Auction Details25 April 2025, 12pm Deadline for OffersHow 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
- AUCTION DATE: 25 April 2025
Description
This tenement flat is an ideal investment opportunity for a landlord, located on the first floor in the popular Torry area of Aberdeen, close to the city centre. The property features a hall, lounge, kitchen, double bedroom, and shower room, and has a potential rental income of £500 per month (£6,000 per annum). With a fantastic rental yield of 25% at the opening bid price, this property is ripe for the rental market with low capital outlay initially. The property has been enhanced with electric heating, UPVC double glazing, secure entry, and well-maintained communal spaces. With high tenant demand from local businesses, hospitals, and universities, this property is an excellent addition to any portfolio. Comparable sales in the area suggest a strong market, with similar properties selling for £35,000 to £60,000. The property will be auctioned on April 25, 2025, with a deadline for offers at 12pm.