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

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

Craig Place, Aberdeen AB11
£39,900

Our Summary

  • Some minor upgrading required prior
  • Some internal upgrading required
  • AUCTION DATE: 12 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 with high tenant demand from nearby university, businesses, and hospital. The property needs some minor upgrading prior to letting, but has potential to generate a rental income of £500 per month (£6,000 per annum). With a fantastic rental yield of 25% at the opening bid price, it's a great opportunity for investors. The property features electric heating, part double glazing, secure entry, and well-maintained communal spaces. Comparable sales in the area have achieved prices ranging from £35,000 to £60,000, making this a competitive offer.