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1 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry, Excellent BRRR Opportunity, this VACANT, Large 1 Bedroom flat, located in Aberdeen. *Home report of £65,000*
- * 24, Northfield Place, Aberdeen AB25 1 SD previously sold £112,500, 22 Flat F, Northfield Place, Aberdeen AB25 1 SD previously sold £130,000*
- Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby
- Property could demand rental 500 650 pm / £6000 £7800 pa generating an excellent gross yield at 10% 13% secured at the guide price £60,000.
- Property requires full renovation and offers a fantastic capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location
- Prime Property Auctions New Entry, Excellent BRRR Opportunity, this VACANT, Large 1 Bedroom flat, located in Aberdeen. *Home report of £65,000*
- * 24, Northfield Place, Aberdeen AB25 1SD previously sold £112,500, 22 Flat F, Northfield Place, Aberdeen AB25 1SD previously sold £130,000*
- Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby
- Property could demand rental 500-650 pm / £6000- £7800 pa generating an excellent gross yield at 10% - 13% secured at the guide price £60,000.
- Property requires full renovation and offers a fantastic capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location
Prime Property Auctions New Entry, Excellent BRRR Opportunity, this VACANT, Large 1 Bedroom flat, located in Aberdeen. *Home report of £65,000*
Property Comprises: Hallway Entrance, 1 Bedroom, Bathroom, Kitchen, Living Room and ample storage space.
Property benefits from Double Glazing which improves energy efficiency and reduces overall gas and electricity usage. Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby.
Currently Vacant! Property could demand rental 500-650 pm / £6000- £7800 pa generating an excellent gross yield at 10% - 13% secured at the guide price £60,000.
Property requires full renovation and offers a fantastic capital growth potential. Sure to appeal to shrewd investors looking for an easily lettable property in a sought after location.
Local sales evidence:
* 24, Northfield Place, Aberdeen AB25 1SD previously sold £112,500, 22 Flat F, Northfield Place, Aberdeen AB25 1SD previously sold £130,000*
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 presents a lucrative opportunity in Scotland's thriving economy. As a major hub for the oil and gas industry and with a strong presence in sectors like renewable energy, technology, and healthcare, Aberdeen offers diverse investment avenues. The city's strategic location, excellent transportation links, and world-class infrastructure make it an attractive destination for commercial real estate ventures, particularly in office spaces and industrial developments catering to energy-related businesses. Additionally, Aberdeen's growing tourism sector, supported by its rich cultural heritage, vibrant arts scene, and proximity to scenic landscapes, presents opportunities in the hospitality, leisure, and retail sectors. Investors can capitalise on Aberdeen's resilient economy, skilled workforce, and innovative spirit to achieve sustainable growth and significant returns on investment.
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Property reference 203083144. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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