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Craig Place, Aberdeen AB11 1 bed ground floor flat for sale
8A, Craig Place, Aberdeen, AB119AH
£35,000
8A, Craig Place, Aberdeen, AB119AH
£35,000
Our Summary
- Some minor upgrading required prior
- Some internal upgrading required
- AUCTION DATE: 01 August 2025
Description
This ground floor flat in a tenement building is located close to the city centre and has high tenant demand due to its proximity to the university, businesses, and hospital. The property requires some minor upgrading and is ideal for an investor or landlord. It comprises a hall, living room, kitchen, double bedroom, and shower room, with the potential to generate a 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 a system of electric heating, part double glazing, secure entry, and well-maintained communal spaces. With an EPC rating of E, it is comparable to other sales in the area, including a 1-bedroom flat on Victoria Road that sold for £48,000 in 2024.