Victoria Road, Aberdeen, AB11 9NE 1 bed flat for sale

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Victoria Road, Aberdeen, AB11 9NE 1 bed flat for sale

Victoria Road, Aberdeen, AB11 9NE
£37,500

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 income-producing investment property is a 1-bedroom flat located in a popular rental area close to Aberdeen City Centre. The property is currently tenanted with a settled long-term tenant paying £500 per month, providing an excellent return on investment and immediate income. The property offers a great opportunity for investors, with potential to increase the rent to £600 per month, representing a massive yield and return on investment. The property features gas central heating, double glazing, and secure entry, and is situated in a thriving community with easy access to the city centre, university, and hospital. The property is priced considerably below the local average, offering potential for capital growth as well as immediate rental income. The seller is open to pre-auction offers, making this a great opportunity for investors to secure a profitable investment.