Prime Property Auctions New Entry, High Yielding Residential Opportunity. Large 1 Bedroom flat, located in Aberdeen. *Home report of £70,000*

*28 Flat 5, Northfield Place, Aberdeen, Abn AB25 1SD previously sold £96,000, 24, Northfield Place, Aberdeen AB25 1SD previously sold £112,500, 22 Flat F, Northfield Place, Aberdeen AB25 1SD previously sold £130,000*

Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby

Currently Vacant! Property could demand rental 500-650 pm / £6000- £7800 pa generating an excellent gross yield at 10.9% - 14.1% secured at the guide price £55,000.

Property offers Fantastic Capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location

Prime Property Auctions New Entry, High Yielding Residential Opportunity. Large 1 Bedroom flat, located in Aberdeen. *Home report of £70,000*

Property Comprises: Hallway Entrance, 1 Bedroom, Bathroom, Kitchen, Living Room and ample storage space.

Property benefits from Double Glazing which improves energy efficiency and reduces overall gas and electricity usage. Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby.

Currently Vacant! Property could demand rental 500-650 pm / £6000- £7800 pa generating an excellent gross yield at 10.9% - 14.1% secured at the guide price £55,000. Sure to appeal to investors looking for Rare auction property.

Local sales evidence:

*28 Flat 5, Northfield Place, Aberdeen, Abn AB25 1SD previously sold £96,000, 24, Northfield Place, Aberdeen AB25 1SD previously sold £112,500, 22 Flat F, Northfield Place, Aberdeen AB25 1SD previously sold £130,000*

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “OFFER NOW” button on our website.

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. For further details on how to have a bidding account created please contact the team.

Location:

Aberdeen presents a lucrative opportunity in Scotland's thriving economy. As a major hub for the oil and gas industry and with a strong presence in sectors like renewable energy, technology, and healthcare, Aberdeen offers diverse investment avenues. The city's strategic location, excellent transportation links, and world-class infrastructure make it an attractive destination for commercial real estate ventures, particularly in office spaces and industrial developments catering to energy-related businesses. Additionally, Aberdeen's growing tourism sector, supported by its rich cultural heritage, vibrant arts scene, and proximity to scenic landscapes, presents opportunities in the hospitality, leisure, and retail sectors. Investors can capitalise on Aberdeen's resilient economy, skilled workforce, and innovative spirit to achieve sustainable growth and significant returns on investment.

Floorplans

1 bedroom flat for sale