1 bedroom flat for sale

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1 bedroom flat for sale

15a, Walker Lane, Aberdeen, AB118BW
£24,000

Our Summary

  • ** SALE BY AUCTION - 17 April 2025 - Timed Online Auction **IDEAL FOR INVESTOR LANDLORD/DEVELOPER
  • Property requires some upgrading prior to Habitation/rental
  • **EPC RATING C** IDEAL FOR DEVELOPER - minor works required

Description

This property is a converted ground floor flat located close to Aberdeen city centre, with high tenant demand in the area. It requires some upgrading prior to habitation or rental, but offers a great opportunity for an investor landlord or developer to purchase at a guide price and generate a high rental yield. The property features a hall, lounge, kitchen, double bedroom, and shower room, with electric heating, UPVC double glazing, and secure entry. With an EPC rating of C, minor works are required to enhance the property, making it an ideal candidate for development. The property has the potential to generate a rental income of £500 per calendar month (£6,000 per annum), providing a fantastic rental yield of 25% at the opening bid price.