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Millbank View, Aberdeen AB22 1 bed flat for sale
Millbank View, Aberdeen AB22
£85,000
Millbank View, Aberdeen AB22
£85,000
Our Summary
- *7 Millbank View, Grandholm Crescent, Abn AB22 8BE previously sold for £145,000, 1 Millbank View, Grandholm Crescent, Abn AB22 8BE previously sold for £150,000* Property is currently tenanted and generates an annual income of £6480 per annum, £540 per month, providing an exceptional investment opportunity for a shrewd investor
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
- Property is currently tenanted and generates an annual income of £6480 per annum, £540 per month, providing an exceptional investment opportunity for a shrewd investor
- 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: *7 Millbank View, Grandholm Crescent, Abn AB22 8BE previously sold for £145,000, 1 Millbank View, Grandholm Crescent, Abn AB22 8BE previously sold for £150,000* Property is due to go to auction for our upcoming timed online event
Description
Prime Property Auctions presents a 1-bedroom ground floor flat in Aberdeen's popular Grandholm Crescent area, with a home report value of £110,000 and a guide price of £95,000. The property is currently tenanted, generating an annual income of £6,480, making it an attractive investment opportunity. The flat is fully furnished and features a spacious bedroom, modern kitchen, living room, and 3-piece bathroom. With a rolling lease agreement, the property can be sold vacant, making it suitable for a shrewd buy-to-let investor or for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. The property is located in a sought-after area with local amenities and transport links nearby, and has a proven track record of selling for higher prices, with similar properties previously selling for £145,000 and £150,000. The property is being offered at a discount to ensure a fast sale at auction, and is set to go to auction for a timed online event.