1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to present this fantastic opportunity, this spacious 1 bedroom flat with sitting Tenant located within a sought after location in Aberdeen.* HOME REPORT VALUATION
- *45 Flat G, Ashvale Place, Aberdeen, Abn AB10 6 QJ sold for £130,000, 41, Ashvale Place, Aberdeen AB10 6 QJ sold for £145,000*
- Property is Currently Tenanted at £400 PCM/ £4800 PA making it an attractive cash producing Investment giving immediate cash flow. Current Yield is 9.6% at Guide of £50,000.
- Property has a market rent of £600 £700 PCM/ £7200 £8400 which could give the property an impressive gross yield of 14.4% 16.8% based on the guide of £50,000.
- Potential BRRR, this property is an easily lettable property located in the city centre of Aberdeen, close to local amenities.
- Prime Property Auctions is excited to present this fantastic opportunity, this spacious 1 bedroom flat with sitting Tenant located within a sought after location in Aberdeen.* HOME REPORT VALUATION £75,000/ Guide Price £50,000 *
- *45 Flat G, Ashvale Place, Aberdeen, Abn AB10 6QJ sold for £130,000, 41, Ashvale Place, Aberdeen AB10 6QJ sold for £145,000*
- Property is Currently Tenanted at £400 PCM/ £4800 PA making it an attractive cash producing Investment giving immediate cash flow. Current Yield is 9.6% at Guide of £50,000.
- Property has a market rent of £600 - £700 PCM/ £7200 - £8400 which could give the property an impressive gross yield of 14.4% - 16.8% based on the guide of £50,000.
- Potential BRRR, this property is an easily lettable property located in the city centre of Aberdeen, close to local amenities.
Prime Property Auctions is excited to present this fantastic opportunity, this spacious 1 bedroom flat with sitting Tenant located within a sought after location in Aberdeen.* HOME REPORT VALUATION £75,000/ Guide Price £50,000 *
Property Comprises:
Entrance hallway, open plan kitchen/living area, double bedroom and bathroom with w.c.
Potential BRRR, this property is an easily lettable property located in the city centre of Aberdeen, close to local amenities. Property has a market rent of £600 - £700 PCM/ £7200 - £8400 which could give the property an impressive gross yield of 14.4% - 16.8% based on the guide of £50,000.
Sales Evidence:
*45 Flat G, Ashvale Place, Aberdeen, Abn AB10 6QJ sold for £130,000, 41, Ashvale Place, Aberdeen AB10 6QJ sold for £145,000*
The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
Potentially high yielding investment property.
This lot is open to immediate offers. Swing that there is strong demand.
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.
Property is Currently Tenanted at £400 PCM/ £4800 PA making it an attractive cash producing Investment giving immediate cash flow. Current Yield is 9.6% at Guide of £50,000. *POTENTIALLY HIGH YIELDING INVESTMENT*
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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*DISCLAIMER
Property reference 202215422. 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 December 17, 2021
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 December 24, 2021
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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