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Mastrick Road, Aberdeen AB16 3 bed terraced house for sale
108 Mastrick Road, Aberdeen, AB16 5PN
£90,000
Our Summary
- *** 80, Mastrick Road, Aberdeen, Aberdeenshire AB16 5PN previously sold for £190,000 in March 2016, 106 Mastrick Road, Aberdeen, Aberdeenshire Ab16 5PN previously sold for £172,500 in November 2017 *** Property currently tenanted at £495 with market rent around £800 per calendar month providing an exceptional investment opportunity for a shrewd investor
- Property could achieve £800/month in rent, providing an exceptional investment opportunity for a shrewd investor
- With the property having main door access, it could lend itself to use as a short-term rental for contractors and tourists, subject to necessary permission from local authorities
- The property is offered at a DISCOUNT to ensure a fast sale at auction
- There is fantastic sales evidence with similar properties selling for much higher: *** 80, Mastrick Road, Aberdeen, Aberdeenshire AB16 5PN previously sold for £190,000 in March 2016, 106 Mastrick Road, Aberdeen, Aberdeenshire Ab16 5PN previously sold for £172,500 in November 2017 *** Property is due to go to auction for our upcoming timed online event
- Property currently tenanted at £495 with market rent around £800 per calendar month providing an exceptional investment opportunity for a shrewd investor
Description
Prime Property Auctions is presenting a three-bedroom terraced house in Aberdeen, priced to sell at £110,000. The property has a home report value of £140,000 and is currently tenanted at £495 per month, with a market rent of £800. This provides an exceptional investment opportunity, with a potential 9% yield. The property benefits from being fully double-glazed, helping with energy efficiency. The property has a spacious living room and well-equipped kitchen on the ground floor, with three double bedrooms and a family bathroom upstairs. The property also has a large rear garden and ample on-street parking. With its prime location and potential for short-term rentals, this property could achieve a nightly rate of £90, generating an annual income of over £28,920. The property is being sold at a discount to ensure a fast sale, with similar properties in the area selling for higher prices in the past.