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Theatre Lane, Aberdeen AB11 4 bed flat for sale
7A Theatre Lane, Aberdeen, AB11 5AW
£60,000
7A Theatre Lane, Aberdeen, AB11 5AW
£60,000
Our Summary
- We are excited to present this rare 4-bedroom flat within a Prime location in Aberdeen The property requires a degree of renovation to unlock its full potential
- Sure to appeal to builders/investors looking for Rare auction property
- Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £250 per night (£63,700 P/A) based on 70% occupancy
- An excellent opportunity for an owner-occupier/ builder to secure a small renovation project in a sought-after area
- *** Once gaining the necessary planning permission, if utilised as an Airbnb, could command a nightly rate of £250 per night (£63,700 P/A) based on 70% occupancy
- An excellent opportunity for an owner-occupier / builder to secure a small renovation project in a sought-after area
- The property requires a degree of renovation to unlock its full potential
- Sure to appeal to investors looking for an easy lettable flat in a sought-after location with great potential for Capital Growth
- Property would benefit from a light degree of renovation
- 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
Description
This prime new listing is a rare 4-bedroom flat in a sought-after location in Aberdeen that requires a degree of renovation to unlock its full potential. With planning permission, the property could be utilized as an Airbnb, commanding a nightly rate of £250 and generating £63,700 per annum based on 70% occupancy. The property is an excellent opportunity for an owner-occupier or builder to secure a small renovation project in a prime area, and could also appeal to investors looking for a high-yielding investment property. The local area has seen strong demand and recent sales, indicating potential for capital growth. The property is being offered at a fantastic price to ensure an auction sale, and will feature in an upcoming timed online auction.