£47,995

1 bedroom flat for sale

Urquhart Road, Aberdeen AB24
flat flat
bedroom 1 bedroom
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Property description

Located in the north-east of Aberdeen city centre, this one-bedroom ground floor flat offers an excellent opportunity to purchase a ready-made buy-to-let investment with tenants already in situ. Set within a traditional three-storey end-terraced tenement (circa 1900) containing six flats in total, the property extends to approximately 35 sq m and comprises: entrance hall, living room, modern kitchenette, double bedroom, and shower room. The property benefits from modern upgrades, including a gas-fired Worcester condensing combi boiler and newly installed uPVC double-glazed windows, ensuring energy efficiency and tenant comfort. The property is also fully compliant for the rental market. The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, and the tenant has been resident since 2020, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £4,929.48, which represents an immediate yield of 10.3%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £55K.The property is located within the Woodside area of Aberdeen, which has long been a popular rental location thanks to its close proximity to Aberdeen University, Aberdeen Royal Infirmary, and the city centre. Situated just a short distance from Aberdeen city centre, the property benefits from excellent transport links, local amenities, and proximity to major employment hubs, making it a consistently attractive rental location.
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First listed

3 days ago

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Urquhart Road, Aberdeen AB24

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Portolio - Edinburgh 34 South Gyle Crescent, Midlothian, Edinburgh EH12 9EB
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