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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 is offering a tenanted 1-bedroom flat in a central location in Aberdeen, just minutes from the university. The property has a spacious living room and kitchen, as well as a large double bedroom with an en-suite shower room. Currently tenanted at £450 per month, the property generates 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 property presents an exceptional investment opportunity for a shrewd buyer, offering a yield of 10.5-11.5% based on the guide price. The property benefits from double glazing and gas central heating, making it an attractive option for both buy-to-let investors and first-time buyers looking for a great value flat.