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1 bedroom ground floor flat for sale
8A, Craig Place, Aberdeen, AB119AH
£16,000
8A, Craig Place, Aberdeen, AB119AH
£16,000
Our Summary
- ** SALE BY AUCTION - 12 June 2025 - Timed Online Auction ****IDEAL FOR INVESTOR LANDLORD**Ground floor flat in tenement building close to City Centre with HIGH TENANT DEMAND - close to University, businesses and Hospital
- Some minor upgrading required prior
- Some internal upgrading required
Description
This property is a ground floor flat in a tenement building located in the Torry area of the city, close to the City Centre, University, hospital, and businesses. The property requires some minor upgrading prior to letting, but has the potential to generate a high rental income of £500 per month (£6,000 per annum) and a fantastic rental yield of 25% at the opening bid price. The property features electric heating, part double glazing, secure entry, and well-maintained communal spaces. With high tenant demand in the area, this property is ideal for an investor or landlord looking to generate a steady income.