Craig Place, Aberdeen AB11 1 bed ground floor flat for sale

>

Craig Place, Aberdeen AB11 1 bed ground floor flat for sale

Craig Place, Aberdeen AB11
£30,000

Our Summary

  • Some minor upgrading required prior
  • Some internal upgrading required
  • AUCTION DATE: 18 September 2025

Description

This ground floor flat in a tenement building is an ideal investment opportunity for a landlord, located close to the City Centre and surrounded by high tenant demand from the University, businesses, and Hospital. The property requires some minor upgrading prior to letting, but has potential to generate a rental income of £500 per calendar month, equivalent to £6,000 per annum, with a fantastic rental yield of 25% at the opening bid price. The property features electric heating, part double glazing, secure entry, and well-maintained communal spaces, making it an attractive option for tenants. With an EPC rating of E, comparable sales in the area range from £35,000 to £60,000, making this a great investment opportunity for those looking to generate a steady income.