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Our Summary
- For sale by Online Auction
- Town & Country Property Auctions present this Ellon investment opportunity tenanted 2-bed flat with £19
- Description Home Report: £145,000 Guide Price: £ 130,000 2 Bedroom Flat Tenanted Investment Strong SA Potential Town & Country Property Auctions are delighted to present Flat D, 4 Castle Court, a well-positioned two-bedroom flat located within the popular Aberdeenshire town of Ellon
- SA Numbers (Serviced Accommodation Potential) Projected Revenue: £19,400 per annum Occupancy: 55% Average Daily Rate (ADR): £97 Rental Income Current rental income of £700 per calendar month 2 bedroom flat Tenanted investment opportunity Strong serviced accommodation figures Immediate rental income Excellent investment opportunity Popular Ellon location Strong long-term rental demand Low-maintenance accommodation Situated within Ellon, the property benefits from excellent local amenities including supermarkets, cafs, restaurants, schooling, and transport links throughout Aberdeenshire and into Aberdeen city centre
- A fantastic opportunity to acquire a well-located two-bedroom flat with immediate rental income, strong SA performance figures, and excellent investment potential within a highly desirable Aberdeenshire location
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
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Description
The property, a 2-bedroom flat located in Ellon, Aberdeenshire, has a guide price of £130,000 and is being sold by unconditional online auction. Internally, the property provides a comfortable and practical living space, suitable for a range of occupiers. The flat is currently let for £700 per month, with projected serviced accommodation figures showing potential annual revenue of £19,400 at 55% occupancy and an average daily rate of £97.
The property benefits from its location, which offers excellent local amenities, including supermarkets, cafes, restaurants, schooling, and transport links.