1 bedroom flat for sale

>

1 bedroom flat for sale

Victoria Road, Aberdeen, AB11 9NE
£36,500

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, featuring a tenanted 1-bedroom flat in a popular rental location close to Aberdeen City Centre. The property has a settled long-term tenant in place, paying £500 per month, providing an excellent return on investment and immediate income. With potential to increase the rent, the property is expected to generate at least £600 per month, representing a massive yield and return on investment. The property offers modern amenities, including gas central heating, double glazing, and secure entry, and is situated in a desirable location with easy access to the city centre, university, and hospital. The property is priced below the local average, offering potential for capital growth as well as immediate rental income, making it an attractive investment opportunity for those looking to diversify their portfolio.