1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime New Listing. Great Sized 1 bedroom flat located in a popular Buy to let location of Aberdeen. * Home Report Valuation £35,000 *
- * 38e, Merkland Road East, Aberdeen, Abn AB24 5 PT sold for £63,000 August 2024, 40b, Merkland Road East, Aberdeen AB24 5 PT previously sold for £90,000 *
- Property is sure to appeal to investor/ landlord looking for a fantastic investment. Perfect property to implement the BRRR Strategy.
- Once property is renovated it would achieve a monthly rental of £550 £625. This would provide a gross annual income of £6,600 £7,500.
- Property is being offered at a discount to ensure Auction sale Local sales evidence shows that there is great capital growth potential.
- Prime New Listing. Great Sized 1 bedroom flat located in a popular Buy to let location of Aberdeen. * Home Report Valuation £35,000 *
- * 38e, Merkland Road East, Aberdeen, Abn AB24 5PT sold for £63,000 August 2024, 40b, Merkland Road East, Aberdeen AB24 5PT previously sold for £90,000 *
- Property is sure to appeal to investor/ landlord looking for a fantastic investment. Perfect property to implement the BRRR Strategy.
- Once property is renovated it would achieve a monthly rental of £550 - £625. This would provide a gross annual income of £6,600 - £7,500.
- Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential.
Prime New Listing. Great Sized 1 bedroom flat located in a popular Buy to let location of Aberdeen. * Home Report Valuation £35,000 * Property comprises : Entrance hall, lounge, kitchen , Bedroom with ample storage and bathroom.
The property is set in a mixed use area of part residential and part commercial premises. Conveniently located for most amenities and a reasonable travelling distance from Aberdeen city centre.
Property is sure to appeal to investor/ landlord looking for a fantastic investment. Perfect property to implement the BRRR Strategy.
Local Sales:
* 38e, Merkland Road East, Aberdeen, Abn AB24 5PT sold for £63,000 August 2024, 40b, Merkland Road East, Aberdeen AB24 5PT previously sold for £90,000 *
Once property is renovated it would achieve a monthly rental of £550 - £625. This would provide a gross annual income of £6,600 - £7,500.
Property is being offered at a discount to ensure Auction sale - Local sales evidence shows that there is great capital growth potential.
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £25,000 and 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:
Aberdeen is a port city in the northeast of Scotland, known for its historic significance and vibrant cultural scene. It is often called the "Granite City" due to the widespread use of grey granite in its architecture. Aberdeen has a rich maritime history and is a major hub for the oil and gas industry, contributing significantly to the region's economy. The city is home to several universities, including the University of Aberdeen, and features landmarks such as Marischal College, one of the largest granite buildings in the world. The surrounding region offers picturesque landscapes, including coastal areas and countryside. Aberdeen is also known for its festivals, events, and diverse range of restaurants, making it a notable destination for both residents and visitors.
Places of interest
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Property reference 213289133. 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 26, 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 26, 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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