Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

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Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

Esslemont Avenue, Aberdeen AB25
£55,000

Our Summary

  • Sure to appeal to shrewd investors looking for an easily lettable, turnkey investment opportunity in an excellent location
  • 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 prime new listing is a tenanted 1-bedroom flat situated in a prime location in Aberdeen, offering an excellent 11% yield if achieved for the guide price. The property is currently rented out for £550 per month, generating an annual income of £6,600. With a Home Report valuation of £75,000, the property has excellent capital growth potential, with nearby sales evidence showing high demand. The property is well-presented and benefits from gas central heating, with a spacious living room, shower room, kitchen, and large double bedroom. Located near local amenities and transport links, it's just a 7-minute drive from the University of Aberdeen. The property is open to immediate offers and will feature in an upcoming timed online auction.