1 bedroom flat for sale

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1 bedroom flat for sale

Victoria Road, Aberdeen, AB11 9NE
£36,500

Our Summary

  • The property offers an immediate income as well as potential to increase the rent- £500 per month is low rent for the area
  • Potential for capital growth as well as immediate rental income
  • The property will be sold under auction terms and conditions by Braveheart Auctions
  • The seller has indicated that pre-auction offers will be considered for this property

Description

This income-producing investment property is a 1-bedroom flat located in a popular rental area close to Aberdeen City Centre. The property is tenanted with a long-term tenant paying £500 per month, providing an excellent return on investment and immediate income. With gas central heating, double glazing, and secure entry, the property offers a comfortable living space. The location is ideal, with easy access to Aberdeen University, Aberdeen Royal Infirmary, and the city centre, making it a sought-after area for tenants. The current rent is low compared to the area's average, offering potential for increased income. The property is being sold at a price below the local average, providing an opportunity for capital growth as well as immediate rental income, making it a perfect investment for anyone looking to generate a strong return.