SALE BY ONLINE AUCTION THURSDAY 30TH JUNE 2022 AT 9.00AM. Tenanted one bedroom flat in convenient location in central Aberdeen. Currently tenanted at £400pcm, providing an attractive yield of 16% at Guide Price. Fantastic Turnkey Investment.
Online Property Auctions Scotland is delighted to present this well-maintained one bedroom flat in central Aberdeen. The property is comprised of a well-sized double bedroom with built in wardrobe, a bath/shower room, and a spacious kitchen/lounge. The property is on the top floor and benefits from a rear-entrance front door off of Richmond Street.
The property is in a convenient location, less than a mile from the University of Aberdeen, as well as Union Square and Bon Accord shopping centres. There are many local amenities nearby, with the main road Rosemount Place just on the corner, hosting many shops, pharmacies and restaurants etc. With the University of Aberdeen and Robert Gordon's University both within a short distance, there is high student rental demand in the area.
The property would suit Buy-to-Let Investors as it's currently tenanted at £400pcm, providing a yield of 16% at Guide Price. Council Tax Band A.
Nearby sales include: ***1 Bedroom Flat, Watson Street - £108,000 Jun 21***1 Bedroom Flat, South Mount Street - £95,000 Jun 21***1 Bedroom Flat, West Mount Street - £85,000 Oct 19***1 Bedroom Flat, Rosemount Place - £110,000 Oct 20***
Aberdeen is the third most populous city in Scotland and hosts over 230,000 people; with roughly 30,000 people working offshore and over 16,000 students attending the two universities. The city is considered the ‘Oil Capital of Europe’ with over 900 companies employing over 40,000 people in the oil industry. As the city begins to introduce green energy industries to the city alongside the oil industry, it’s expected that more jobs will be brought to the area, increasing the population.
For more details please visit the Online Property Auctions Scotland website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Tenanted One Bedroom Flat
Current Rental Income of £400pcm/Yield of 12% at Guide Price
Ideal Turnkey Investment
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.