Spring Garden, Aberdeen AB25 1 bed flat for sale

>

Spring Garden, Aberdeen AB25 1 bed flat for sale

Spring Garden, Aberdeen AB25
£55,000

Our Summary

  • * 35, Littlejohn Street, Aberdeen, Aberdeenshire, AB10 1FG sold for £120,000 in January 2023, 15, Ivory Court, Hutcheon Court, Aberdeen, Aberdeenshire, AB25 3TD sold for £118,000 in July 2021 * Property could achieve £525 - £575/month in rent, providing an exceptional investment opportunity for a shrewd investor
  • Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or first-time buyer looking for an excellent flat at great value
  • Property could achieve £525 - £575/month in rent, providing an exceptional investment opportunity for a shrewd investor

Description

Prime Property Auctions is offering a tenanted 1-bedroom flat in a popular central location in Aberdeen, just minutes from the university. The property, priced to sell, is currently generating a gross yield of 9% based on a guide price of £60,000, with the potential to achieve £525-£575 per month in rent. This would result in an exceptional 10.5-11.5% yield, making it an excellent investment opportunity for shrewd buyers. The flat features a spacious living room and kitchen, a large double bedroom with en-suite shower room, and benefits from double glazing and gas central heating. With its central location and potential for high rental yields, this property is sure to appeal to buy-to-let investors and first-time buyers looking for a great value flat.