Craig Place, Aberdeen AB11 1 bed ground floor flat for sale

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Craig Place, Aberdeen AB11 1 bed ground floor flat for sale

8A, Craig Place, Aberdeen, AB119AH
£39,900

Our Summary

  • Some minor upgrading required prior
  • Some internal upgrading required
  • AUCTION DATE: 15 August 2025

Description

This ground floor flat in a tenement building is an ideal investment opportunity for a landlord, located close to the city center and with high tenant demand due to its proximity to the university, hospital, and local businesses. The property requires some minor upgrading, but has the potential to generate a rental income of £500 per month, equivalent to £6,000 per annum, with 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, making it an attractive option for tenants. With a comparable EPC rating of E, this property offers a great opportunity for investors to capitalize on the strong rental market in the area.