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Victoria Road, Aberdeen, AB11 9NE 1 bed flat for sale
Victoria Road, Aberdeen, AB11 9NE
£29,500
Victoria Road, Aberdeen, AB11 9NE
£29,500
Our Summary
- The property offers an immediate income as well as potential to increase the rent- £500 per month is low rent for the area
- Potential for capital growth as well as immediate rental income
- The property will be sold under auction terms and conditions by Braveheart Auctions
- The seller has indicated that pre-auction offers will be considered for this property
Description
This is an income-producing investment opportunity in a popular rental location near Aberdeen City Centre. The property, a 1-bedroom flat, is tenanted with a long-term tenant paying £500 per month, providing an excellent return on investment and immediate income. The property offers a potential increase in rent, with a low rent of £500 per month in an area where similar properties are generating £600-£700 per month. With gas central heating, double glazing, and secure entry, the property is well-maintained and offers a great opportunity for an investor. The location is ideal, with easy access to Aberdeen University, Royal Infirmary, and the city centre, as well as a thriving community with shops, recreational facilities, and public transport links. The property is being sold under auction terms and conditions, with the seller open to pre-auction offers.