5 bedroom detached bungalow for sale

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5 bedroom detached bungalow for sale

Burnside Way, Aberdeenshire AB23
£305,000

Our Summary

  • HUGE DISCOUNT FROM HOME REPORT VALUATION of £360,000 to ensure Auction Sale
  • Sure to appeal to investors looking for an easy lettable property that would suit well for Serviced Accommodation in a sought after location with great potential for Capital Growth
  • Property has a Guide price of £305,000 and is sure to appeal to investors looking for a property that they can put their own stamp on
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This 5-bedroom detached bungalow in Balmedie, Aberdeen, is a fantastic investment opportunity with great capital growth potential. The property has a Home Report valuation of £360,000, but is being sold at a discounted guide price of £305,000. The spacious accommodation features a welcoming hallway, impressive lounge, formal dining area, and a family room with patio doors leading to the conservatory and rear garden. The property is located in a desirable and popular residential area, with local sales evidence suggesting strong demand and potential for high yields. The property could also be used as a serviced accommodation, generating a gross monthly income of £4,725-£5,775. With an incredible yield of 18.5%-22.7% and a BRRR strategy, this property is sure to appeal to investors looking for an easy lettable property with great potential for capital growth.
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