Grampian Road, Aberdeen AB11 1 bed flat for sale

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Grampian Road, Aberdeen AB11 1 bed flat for sale

Grampian Road, Aberdeen AB11
£35,000

Our Summary

  • Property would benefit from a small degree of renovation
  • Offered at an attractive Guide price to ensure Auction
  • Property is sure to appeal to investors looking for a property that they can put their own stamp on
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This is a prime new entry 1-bedroom flat located in a sought-after rental location in Aberdeen, with a guide price of £35,000. The property is situated in a prime location with local amenities nearby and benefits from a secure door entry system and communal gardens. In its current condition, the property is expected to attract a monthly rental of £500, which could increase to £525-£600 after refurbishment. The property's excellent local sales data, with similar properties selling for £105,000 and £100,000 in recent years, suggests that it has vast capital growth potential. With a potentially high yield of 12.8-14.3%, this property is an attractive investment opportunity for those looking to put their own stamp on a property. The location is convenient, with public transportation, shops, and attractions within walking distance, making it an excellent choice for both residents and investors.