Studio flat for sale

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Studio flat for sale

Flat 5, 2 Deer Road, Woodside, Aberdeen, Aberdeenshire, AB24 4RW
£30,000

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 a secure entry system, lift, electric heating, and double glazing, as well as free parking, a premium commodity in Aberdeen. The tenant is paying a low rent for the area, which has the potential to increase to £550 per month, representing an incredible yield. The property is located close to Aberdeen University, Aberdeen Royal Infirmary, and the city centre, making it an attractive investment opportunity. With its potential for capital growth and immediate rental income, this freehold property is perfect for investors looking to generate a strong return on their investment.
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