3 bedroom apartment for sale

• 
  
• We are excited to introduce this Prime Property. A First-floor apartment located within a popular buy-to-let location in Aberdeen. *HOME REPORT VALUE £120,000*

 

• 
  
• *29, Powis Terrace, Aberdeen, Aberdeenshire AB25 3PP previously sold for £175,000, 22, Sunnyside Avenue, Aberdeen, Aberdeenshire AB24 3LY sold for £175,000, 11, Elmfield Avenue, Aberdeen, Aberdeenshire AB24 3NU previously sold for £157,000*

 

• 
  
• The property could achieve £1,500 PCM (£18,000 P/A) This would produce an outstanding 17% yield if bought at the guide price. *Massive Rental Income potential*

 

• 
  
• Prime letting location! The property benefits from recent renovation and is HMO-ready! If utilised as an HMO it could achieve £600 Per room. This would produce an outstanding £21,600 Per annum, Subject to gaining the necessary licencing and information.  

 

• 
  
• If used for Serviced accommodation, it could achieve £115 Per night which if occupied at a 70% occupancy rate would produce a staggering £29,382 Per annum. Subject to gaining the necessary information!

 

We are excited to introduce this Prime Property. A First-floor apartment located within a popular buy-to-let location in Aberdeen. *HOME REPORT VALUE £120,000*

Property Comprises: FIRST FLOOR: Entrance Vestibule with stair to the upper level; Hallway; Three Bedrooms; Living Room/Kitchen; Shower Room.

The property could achieve £1,500 PCM (£18,000 P/A) This would produce an outstanding 17% yield if bought at the guide price. *Massive Rental Income potential*

The property also benefits from a recent renovation including a new boiler, massive storage space in the outside dwelling, and Free / non-permit parking. 

Sales Evidence:

*29, Powis Terrace, Aberdeen, Aberdeenshire AB25 3PP previously sold for £175,000, 22, Sunnyside Avenue, Aberdeen, Aberdeenshire AB24 3LY sold for £175,000, 11, Elmfield Avenue, Aberdeen, Aberdeenshire AB24 3NU previously sold for £157,000*

Prime letting location! The property benefits from recent renovation and is HMO-ready! If utilised as an HMO it could achieve £600 Per room. This would produce an outstanding £21,600 Per annum, Subject to gaining the necessary licencing and information.  

If used for Serviced accommodation, it could achieve £115 Per night which if occupied at a 70% occupancy rate would produce a staggering £29,382 Per annum. Subject to gaining the necessary information!

The property benefits from a full renovation recently, a new boiler, pipework, central heating and ample storage throughout and externally. There is a host of local amenities such as schools, sports centres, schools, parks and fantastic transport links. The property has a direct bus route to Robert Graden University and is only a 5-minute walk away from Aberdeen University.

The property has a Guide price that is sure to appeal to investors looking for a property that they can put their stamp on.

Potentially high-yielding investment property, subject to planning and gaining the necessary information. 

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, nestled along the stunning northeastern coast of Scotland, offers an unparalleled investment opportunity in one of the country's most dynamic cities. Renowned as the "Granite City" for its striking architecture, Aberdeen boasts a robust economy anchored by the oil and gas industry and bolstered by diverse sectors including tourism, education, and healthcare. With its strategic location, excellent transport links, and prestigious universities, Aberdeen attracts a talented workforce and a steady stream of visitors. Investors can capitalise on the city's growth potential by supporting commercial and residential developments, hospitality ventures, and infrastructure projects. Additionally, Aberdeen's rich cultural heritage, vibrant arts scene, and access to breathtaking natural landscapes make it a compelling destination for both residents and tourists alike. Investing in Aberdeen not only promises financial returns but also contributes to the city's continued prosperity and position as a thriving economic and cultural hub in Scotland.