1 bedroom flat

Prime Property Auctions is excited to bring to market this fantastic 1 bed property, located within a prime location in Aberdeen. *HOME REPORT £92,000*

*222, Holburn Street, Aberdeen, Aberdeenshire AB10 6DB previously sold for £90,000, 26 Albyn Grove, Aberdeen, Aberdeenshire AB10 6SQ sold for £105,000, 7 Margaret Street, Aberdeen, Aberdeenshire AB10 1UJ sold for £99,000*

Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location.

For rental purposes, the property could attract a monthly rent of £550- £600 p/m (£6,600 - £7,200 p/a) which would provide an excellent gross yield of between 9.42 - 10.28 % based on a guide price of £70,000 - *HIGH YIELD POTENTIAL*

Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

Prime Property Auctions is excited to bring to market this fantastic 1 bed property, located within a prime location in Aberdeen. *HOME REPORT £92,000*

Property comprises: Entrance hallway, living room, kitchen, dining area, bathroom, 1 spacious bedroom, attic space.

Currently Vacant! Property is on Council tax band: B

Local sales evidence:

*222, Holburn Street, Aberdeen, Aberdeenshire AB10 6DB previously sold for £90,000, 26 Albyn Grove, Aberdeen, Aberdeenshire AB10 6SQ sold for £105,000, 7 Margaret Street, Aberdeen, Aberdeenshire AB10 1UJ sold for £99,000*

For rental purposes, the property could attract a monthly rent of £550- £600 p/m (£6,600 - £7,200 p/a) which would provide an excellent gross yield of between 9.42 - 10.28 % based on a guide price of £70,000 - *HIGH YIELD POTENTIAL*

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Aberdeen stands out as a strategic opportunity in Scotland's economic landscape. Renowned as a major player in the oil and gas industry, the city offers diverse investment prospects beyond energy, including real estate, technology, healthcare, and tourism. With its robust infrastructure, skilled workforce, and access to prestigious universities, Aberdeen attracts talent and fosters innovation, creating a favorable environment for business growth. Investors can leverage Aberdeen's strong economic fundamentals to capitalise on commercial and residential developments, as well as hospitality and leisure ventures. The city's rich cultural heritage, vibrant arts scene, and proximity to breathtaking landscapes further enhance its appeal, promising long-term returns and sustainable growth for savvy investors.