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.
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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.
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