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100D Great Northern Road, Aberdeen... 1 bed flat for sale
100D Great Northern Road, Aberdeen, AB24 3QB
£30,500
100D Great Northern Road, Aberdeen, AB24 3QB
£30,500
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 tenanted 1-bedroom flat in Aberdeen is an excellent investment opportunity, offering an immediate income of £450 per month (£5,400 per year) from a settled long-term tenant. The property is located in a popular rental location, close to Aberdeen City Centre, University, and Royal Infirmary, making it an attractive option for students and professionals. With a rent of £450 per month, which is considered low for the area, there is potential to increase the rent to £550 per month (£6,600 per year), representing an incredible yield. The property is being sold at a price significantly below the local average, with similar properties in the area selling for £112,500 to £125,000. Additionally, the property has the potential for capital growth, making it an attractive option for investors. The property will be sold under auction terms and conditions, with pre-auction offers being considered.