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1 bedroom flat for sale
Victoria Road, Aberdeen, AB11 9NE
£37,500
Victoria Road, Aberdeen, AB11 9NE
£37,500
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 is an income-producing investment opportunity, a 1-bedroom flat located in a popular rental area near Aberdeen City Centre. The property is currently tenanted, with a long-term tenant paying £500 per month, providing an excellent return on investment and immediate income. The property offers a great potential to increase the rent, with a low rent of £500 per month compared to the local average, which could generate an income of at least £600 per month. The property features gas central heating, double glazing, and secure entry, making it a great investment opportunity. The location is perfect, with easy access to Aberdeen University, Aberdeen Royal Infirmary, and the city centre, with its many attractions and amenities. The property is being sold under auction terms and conditions, with the seller considering pre-auction offers. This is a rare opportunity to invest in a property with a settled tenant and potential for capital growth, making it an attractive option for investors.