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7 bedroom flat for sale
Jamaica St, Aberdeen, AB25
£340,000
Jamaica St, Aberdeen, AB25
£340,000
Our Summary
- This is a fantastic and highly sought after investment opportunity, and will be a great addition to the professional investor's portfolio
- You will enjoy the huge 8% ADS saving by purchasing all 6 properties and receive £37,200 annual income with scope to increase
- Projected Annual Income: £37,200 (£3,100pcm) with scope to increase
Description
Smart Sales & Investments presents a rare opportunity to own a block of six flats in a desirable area of Aberdeen, offering a fantastic investment prospect for professional investors. The block, valued at £385,000, comprises six flats with varying market values and current rental income, ranging from £500 to £550 per month. The portfolio is expected to generate a projected annual income of £37,200, yielding an impressive 10.3%, significantly higher than the average. With high rental demand in Aberdeen, this investment opportunity presents a lucrative chance to increase income and diversify a portfolio. As a bonus, purchasing the entire block avoids the 8% Additional Dwelling Supplement (ADS) tax, making this a highly sought-after investment opportunity.