3 Bed Flat For Sale

• Prime Property Auctions is excited to present a spacious 3 Bedroom Flat located minutes from university in popular central location in Aberdeen. HOME REPORT £90,000 - PRICED TO SELL.
• *** 5, Heathryfold Place, Aberdeen, AB16 7ED sold for £140,000 in July 2021, 3, Heathryfold Place, Aberdeen, AB16 7ED sold for £145,000 in March 2019 ***
• Property could achieve £800 - £1000/month in rent, providing an exceptional investment opportunity for a shrewd investor. This would give the property an excellent 13.7% - 17.1% Yield based on a Guide Price of £70,000 - PRICED TO SELL.
• Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or first-time buyer looking for an excellent flat at great value.
• Property is currently tenanted at a rent of £750 per calendar month, achieving a gross yield of 12.86% per annum.

Prime Property Auctions is excited to present a spacious 3 Bedroom Flat located minutes from university in popular central location in Aberdeen. HOME REPORT £90,000 - PRICED TO SELL.



Property comprises a 3 Bedroom flat. The spacious accommodation allows for fantastic socialising space with the large living room and kitchen. Completing the accommodation is 3 large bedrooms and a well-equipped bathroom.



Property could achieve £800 - £1000/month in rent, providing an exceptional investment opportunity for a shrewd investor. This would give the property an excellent 13.7% - 17.1% Yield based on a Guide Price of £70,000 - PRICED TO SELL.



Sure to appeal to shrewd buy to let investor looking for a great investment opportunity or first-time buyer looking for an excellent flat at great value.



 



Property is currently tenanted at a rent of £750 per calendar month, achieving a gross yield of 12.86% per annum.



 



 



Property could provide an annual income of £9,600 - £12,000 which would generate a 13.7% - 17.1% gross yield.



Property benefits from Double Glazing and Gas Central Heating which helps with energy efficiency and helps future-proof against incoming EPC legislation.



The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:



*** 5, Heathryfold Place, Aberdeen, AB16 7ED sold for £140,000 in July 2021, 3, Heathryfold Place, Aberdeen, AB16 7ED sold for £145,000 in March 2019 ***



Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.



Location:



Heathryfold Place is offset from a major thoroughfare in the heart of Aberdeen, Scotland. It is situated close to local amenities and superstores with a Lidl in walking distance. George street is surrounded by buildings and landmarks that reflect the city's rich cultural heritage.



Heathryfold Place is located just a 5 minutes' drive from the University of Aberdeen, one of the city's most prestigious academic institutions. The university's main campus is situated on nearby Old Aberdeen and is easily accessible from George Street via a number of local bus routes.



As such, Heathryfold Place is a popular destination for students and faculty members alike, with many university-related amenities and services located in the area. These include a range of student housing options, as well as various shops, restaurants, and cafes that cater to the needs of the university community.