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Spring Garden, Aberdeen AB25 1 bed flat for sale
Spring Garden, Aberdeen AB25
£60,000
Spring Garden, Aberdeen AB25
£60,000
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 presents a tenanted 1 Bedroom Flat located minutes from university in a popular central area of Aberdeen. The property, which sold for £120,000 in January 2023, has the potential to generate £525-£575 per month in rent, offering an excellent investment opportunity for a shrewd investor. With a guide price of £60,000, the property yields an impressive 10.5-11.5%. The flat comprises a spacious living room, kitchen, double bedroom with en-suite shower room, and is currently tenanted at £450 per calendar month, resulting in a gross yield of 9%. The property benefits from double glazing and gas central heating, making it energy-efficient and future-proof.