10 The Orchard, Spital Walk, Aberdeen, AB24 3HN

Description

• PRIME NEW LISTING. We are excited to present this Vacant 4-bed mid-terrace house located within a prime location in Aberdeen. Home Report £210,000.

• **38 Elmfield Avenue, Aberdeen AB24 3PB sold for £325,000. 78 Don Street, Old Aberdeen, Aberdeen AB24 1UU sold for £385,000. 6 The Mews, Douglas Place, Aberdeen AB24 3EA sold for £345,777.**

• This property offers an incredible opportunity as serviced accommodation, capable of achieving £210 per night. With a potential annual income of £53,655 based on a 70% occupancy rate, and once the necessary licence is granted, this investment is sure to excite savvy buyers. Subject to gaining the necessary licence. 

• For those interested in the rental market, the property is poised to deliver outstanding returns. With an estimated rental income of £1,400 to £1,500 per month, you’re looking at £16,800 to £18,000 annually. This yields a fantastic 9% to 10% based on the guide price, making it a lucrative opportunity for investors. Subject to tenancy and gaining the necessary information. 

• Situated in a sought-after area, this property is an ideal purchase for families looking to move into a dream home or investors seeking significant capital appreciation and rental growth.

PRIME NEW LISTING. We are excited to present this vacant 4-bed mid-terrace house located within a prime location in Aberdeen. Home Report £210,000.

The property comprises an inviting entrance vestibule leading to a convenient toilet, a bright and spacious living room, a well-equipped kitchen perfect for preparing family meals, and a stylish dining room on the ground floor. The first floor boasts a luxurious master bedroom with an en-suite shower room, two additional generously-sized bedrooms, a versatile study or fourth bedroom, and a modern shower room.

This property offers an incredible opportunity as serviced accommodation, capable of achieving £210 per night. With a potential annual income of £53,655 based on a 70% occupancy rate, and once the necessary licence is granted, this investment is sure to excite savvy buyers. Subject to gaining the necessary licence. 

For those interested in the rental market, the property is poised to deliver outstanding returns. With an estimated rental income of £1,400 to £1,500 per month, you’re looking at £16,800 to £18,000 annually. This yields a fantastic 9% to 10% based on the guide price, making it a lucrative opportunity for investors. Subject to tenancy and gaining the necessary information. 

Situated in a sought-after area, this property is an ideal purchase for families looking to move into a dream home or investors seeking significant capital appreciation and rental growth.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**38 Elmfield Avenue, Aberdeen AB24 3PB sold for £325,000. 78 Don Street, Old Aberdeen, Aberdeen AB24 1UU sold for £385,000. 6 The Mews, Douglas Place, Aberdeen AB24 3EA sold for £345,777.**

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, known as the Granite City, is a vibrant and cosmopolitan hub in Scotland’s northeast. Renowned for its rich maritime history and thriving oil industry, Aberdeen offers a blend of historical architecture, cultural attractions, and thriving business opportunities. With beautiful parks, reputable schools, and a dynamic city centre, Aberdeen provides a perfect setting for both families and professionals.

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.