Prime New Entry. Large 1 bedroom flat located in sought after rental location of Aberdeen.*** 18 Flat E, Grampian Road, Aberdeen, AB11 8DX sold for £105,000 July 2024, 10 Flat E, Grampian Road, Aberdeen, AB11 8DX sold for £100,000 September 2020 ***Property is sure to appeal to investors looking for a Potentially High Yielding Investment. Property would benefit from a small degree of renovation.Property would attract a monthly rental of £450 - £500 in current condition. Once refurbished would attract a monthly amount of £525 - £600.Property is located within a prime location in Aberdeen with local amenities nearby.

 



Prime New Entry. Large 1 bedroom flat located in sought after rental location of Aberdeen - ***Guide Price £35,000***



Property comprises:  Entrance Hallway, Living Room / Kitchen, Bedroom, W/C and Shower. Property benefits from Secure door entry system and Communal gardens to the rear. Property would attract a monthly rental of £500 in current condition. Once refurbished would attract a monthly amount of £525 - £600.



 



Excellent local sales:



*** 18 Flat E, Grampian Road, Aberdeen, AB11 8DX sold for £105,000 July 2024, 10 Flat E, Grampian Road, Aberdeen, AB11 8DX sold for £100,000 September 2020 ***



Sure to appeal to investor looking for an easy lettable flat with vast capital growth potential. Offered at an attractive Guide price to ensure Auction. Should the property be purchased at Guide price it would provide an excellent rental yield of 12.8% - 14.3%.



 



Property is sure to appeal to investors looking for a property that they can put their own stamp on.



Potentially high yielding investment property.



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:



 



 



Grampian Road is located in the city's Torry, neighbourhood. Torry has its own thriving community with an abundance of shops on your doorstep. For anything further



the city centre, with its numerous attractions such as stores, cinemas, and restaurants, is within walking distance, and the Union Square retail mall is within easy reach.



Public transportation is easily accessible in the region, and the Union Square bus and train stations are also within walking distance.



Duthie Park, with its wide open spaces and winter gardens, as well as riverside walks along the River Dee, are only a short distance away.



 



Aberdeen, located in northeast Scotland, attracts residents and investors for several compelling reasons. Renowned as the "Oil Capital of Europe," the city's robust presence in the oil and gas industry offers economic stability and opportunities for investment. Its two prestigious universities, the University of Aberdeen and Robert Gordon University, contribute to a vibrant intellectual atmosphere, attracting students and researchers worldwide. Aberdeen's high quality of life, with its blend of cultural attractions, green spaces, and recreational activities, adds to its allure. Strong transport links, including an international airport and rail connections, facilitate business and leisure travel. Moreover, the city's diverse economy, encompassing sectors such as tourism, healthcare, technology, and finance, ensures resilience and growth opportunities. The property market, historically buoyed by demand from the oil industry, reflects Aberdeen's status as a regional economic powerhouse, making it an appealing destination for both residents and investors alike.

Sourced reference: 153966593