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Jute Street, Aberdeen AB24 2 bed flat for sale
43e Jute Street, Aberdeen, AB24 3EX
£70,000
43e Jute Street, Aberdeen, AB24 3EX
£70,000
Our Summary
- Sure to appeal to shrewd buy to let investors looking for a turnkey investment opportunity in an excellent location
- Property is located near a whole host of local amenities and is just a short 3 minute drive from University Of Aberdeen - *PRIME LOCATION* We are delighted to bring to the market this excellent investment opportunity, situated within a popular area of Aberdeen
- Sure to appeal to shrewd buy to let investors looking for an excellent turnkey investment opportunity
- 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 2-bedroom flat is situated in a prime location in Aberdeen, offering a fantastic investment opportunity for buy-to-let investors. The property is currently tenanted at £600 per month, generating an annual income of £7,200 and a 10% yield if achieved for the guide price. With potential to attract £700 per month, this would return an annual income of £8,400 and a 12% yield. The property is excellently presented, with ample storage throughout, and is located near local amenities and just a short 3-minute drive from the University of Aberdeen. The area has seen strong demand recently, with similar properties selling for £95,000, £110,000, and £100,000. The property is being offered at a fantastic price to ensure an auction sale, with the option to participate in the live auction by creating a bidding account.