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100D Great Northern Road, Aberdeen... 1 bed flat for sale
100D Great Northern Road, Aberdeen, AB24 3QB
£40,000
100D Great Northern Road, Aberdeen, AB24 3QB
£40,000
Our Summary
- The property offers an immediate income as well as potential to increase the rent- £450 per month is low rent for the area
- 104 Great Northern Road, Aberdeen, AB24 3QB previously SOLD for £112,500Potential 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
- FREEHOLD PROPERTYSold with settled tenantHigh yielding investmentPotential for capital growthPerfect rental locationClose to Hospital and University
- Potential for capital growth
Description
This 1-bedroom flat in a popular rental location near Aberdeen City Centre is being sold with a settled long-term tenant in place, generating £450 per month in rent. The property offers an excellent return on investment and immediate income, with potential to increase the rent to £550 per month, representing an incredible yield. The location is perfect for investors, with easy access to Aberdeen University, Royal Infirmary, and the city centre, as well as convenience stores and supermarkets nearby. The property is being sold at a price below the local average, with comparable properties in the area selling for £112,500 to £125,000. With potential for capital growth and immediate rental income, this property is an attractive investment opportunity for those looking to enter the Aberdeen property market.