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5 bed property, in 7B Theatre Lane, £105,000
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5 bed flat

7B Theatre Lane, Aberdeen AB11
Auction Planning
£105,000

Our Summary

  • We are excited to present this excellent HMO development opportunity: vacant five-bedroom flat located within a prime location in Aberdeen
  • Offered at a remarkably competitive price, this property is perfectly primed for a quick auction sale
  • Planning permission has already been granted for a five-bedroom, five en-suite HMO, significantly reducing the planning risk and allowing an investor to progress the conversion immediately
  • 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

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Description

The property is a vacant five-bedroom flat located in a prime area of Aberdeen. It has a welcoming living room/kitchen area and five spacious bedrooms, each equipped with a modern en-suite. The property has already been granted planning permission for a five-bedroom, five en-suite HMO, which significantly reduces the planning risk.

The property is situated in a thriving market with excellent sales evidence, with similar properties in the area selling for £160,000 and £175,000.