1 Bed Flat For Sale

** SALE BY AUCTION - 20 March 2025 - Timed Online Auction **

IDEAL FOR DEVELOPER one bedroom room and kitchen style ground floor TENEMENT flat located close to Aberdeen city centre - ideal for Local rental market post renovation works. Would suit investor landlord or developer. Property comprises a reception hall, lounge/bedroom, separate kitchen and shower room with w/c and sauna. Rental yield at asking price would be circa 20% - fantastic potential income based on outlay. Property is further enhanced by upvc double glazing, French doors to rear and well maintained communal areas. **EPC RATING F**Potential rental income £500 per calendar month (£6000 P A). Close to city centre - IDEAL FOR HIGH TENANT DEMAND from university and hospital. Multiple businesses close by allowing for likelihood of professional tenants also. Many close amenities.**COMPARABLE SALES** 1 bedroom tenement, Dee place sold 2023 £105,000**1 Bed tenement room and kitchen Dee place sold £45,000 2024**1 bed tenement sold Gordon street £50,000 2023**Room measurements - kitchen 3.6m x 3.45m; lounge/bedroom 3.28m x 3.05m; shower room 2.7m x 1.9m.

Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. Situated centrally off Aberdeenâ??s city centre, the area around Ferryhill is popular with young professionals and students alike. Residents of the city are spoiled for choice when it comes to local amenities: thereâ??s a fantastic selection of supermarkets, independent boutique shops, restaurants, and primary and secondary schools all within easy reach. Plus, this area boasts several parks and green spaces and itâ??s only a short distance from lively Union Street. Housing in this area primarily consists of Victorian granite tenement blocks, as well as an increasing number of modern apartment complexes and new developments. Aberdeen City & Shire is the third largest city region in Scotland and home to almost 0.5 million people of which 230,000 live in Aberdeen. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce.

Auction Details
20 March 2025, 10am-3pm
Timed Online Auction

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