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Studio flat for sale
Flat 5, 2 Deer Road, Woodside, Aberdeen, Aberdeenshire, AB24 4RW
£40,500
Flat 5, 2 Deer Road, Woodside, Aberdeen, Aberdeenshire, AB24 4RW
£40,500
Our Summary
- The property offers an immediate income as well as potential to increase the rent- £450 per month is low rent for the area
- Recent sales locally- Flat 7, 2 Deer Road, Woodside, Aberdeen £77,000- May 2024- SOLDFlat 2, 27 Deer Road, Woodside, Aberdeen £85,000- April 2024- SOLDPotential 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
- FREEHOLD PROPERTYSold with settled tenantHigh yielding investmentPotential for capital growthPerfect rental locationClose to Hospital and University
- Potential for capital growth
Description
This 1-bedroom flat in a popular rental location near Aberdeen City Centre is being sold with a settled long-term tenant in place, paying £450 per month, providing an excellent return on investment and immediate income. The property offers an immediate income as well as potential to increase the rent, which is currently low for the area, and could potentially generate an income of at least £550 per month. The property is located in a prime area with easy access to Aberdeen University, Aberdeen Royal Infirmary, and the city centre, making it an attractive investment opportunity. With electric heating, double glazing, and a secure entry system, the property is well-maintained and offers free parking, a premium commodity in Aberdeen. The property is being sold at a price below the local average, with recent sales in the area fetching prices of £77,000 and £85,000, and has the potential for capital growth as well as immediate rental income.