Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

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Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

48 Esslemont Avenue, Second Floor left Flat 6, Aberdeen, AB25 1SQ
£39,000

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 is a prime new listing for a 1-bedroom flat in Aberdeen, located in a highly sought-after area with excellent transport links and local amenities. The property is currently tenanted and generating a rental income of £550 per month, providing a 11% yield if achieved for the guide price. With its excellent condition and central location, the property could potentially demand a higher rental income of £625-£650 per month, generating a gross yield of 12.5-13%. The property has a Home Report valuation of £75,000 and has been recently sold in the area for prices ranging from £96,000 to £116,505. This is an excellent opportunity for shrewd investors looking for a turnkey investment with high yield and potential for capital growth.