1 bedroom flat for sale

PRIME NEW ENTRY. Excellent 1 bed flat, located within a prime location in Aberdeen




*88, Great Northern Road, Aberdeen AB24 3QB sold for £79,000, Flat 6 96, Great Northern Road, Aberdeen, Abn AB24 3QB sold for £72,000*




For rental purposes, the property is currently tenanted at £450 per month (£5,400 p/a). This provides an excellent 13.5% if achieved for guide price. Property could potentially achieve £500 - £550 per month.


Sure to appeal to investors looking for an affordable investment property providing excellent returns. Perfect for landlords looking for a readily let investment.




Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools and with public transport easily accessible nearby.





We are excited to present this turn-key investment property. Fantastic 1 bedroom flat, set in a beautiful location within sought after area in Aberdeen







Property Comprises:







Entrance hall, living room, kitchen, large double bedroom, bathroom and ample storage throughout



Sales Evidence:



*88, Great Northern Road, Aberdeen AB24 3QB sold for £79,000, Flat 6 96, Great Northern Road, Aberdeen, Abn AB24 3QB sold for £72,000*







Excellent high yielding investment. Property is Currently Tenanted at £450 p/m (£5,400 p/a), making it an attractive cash producing investment giving immediate cash flow. Current Gross Yield is 13.5% at Guide price.



Potential market rent of £500 - £550 p/m (£6,000 - £6,600 p/a)



Fantastic 13.5% return on investment if achieved for guide price.



Sure to appeal to shrewd investors looking for a readily let investment property.







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, located on Scotland's northeastern coast, offers exceptional investment opportunities due to its strong economy, strategic location, and evolving industries. Known for its leadership in the energy sector, Aberdeen has expanded its focus to include renewable energy, technology, and life sciences, paving the way for diverse investment prospects. The city's excellent connectivity through an international airport, major seaport, and extensive rail network facilitates access to both domestic and global markets. Significant investment initiatives, such as the Aberdeen City Region Deal, support infrastructure improvements, innovation, and sustainable growth, creating a forward-thinking environment for businesses. Additionally, the University of Aberdeen and Robert Gordon University provide a highly skilled workforce and drive research advancements. Aberdeen's combination of economic resilience, diverse sectors, and development-focused projects makes it a prime location for investors seeking growth in a dynamic and well-connected city.