£110,000 Opening Bid

108 Mastrick Road, Aberdeen, AB16 5PN

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Attractive Tenanted Opportunity

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Ownership

Occupation

Bedrooms

3

Council Tax

Band: C
Home Report & EPC
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Attractive Tenanted Opportunity

Details

Property Summary


  • Prime Property Auctions is excited to present an Attractive Tenanted 3 Bedroom Terraced House located in popular location within Aberdeen. Home Report Value: £140,000 – PRICED TO SELL.


 

  • *** 80, Mastrick Road, Aberdeen, Aberdeenshire AB16 5PN previously sold for £190,000 in March 2016, 106 Mastrick Road, Aberdeen, Aberdeenshire Ab16 5PN previously sold for £172,500 in November 2017 ***

  • Property currently tenanted at £495 with market rent around £800 per calendar month providing an exceptional investment opportunity for a shrewd investor.


 

  • At the market rent OF £800 per month, the property would achieve an excellent £8% yield based on Guide Price £115,000.


 

  • Property benefits from being fully Double Glazed which helps with energy efficiency.


 

 

Prime Property Auctions is excited to present an Attractive Tenanted 3 Bedroom Terraced House located in popular location within Aberdeen. Home Report Value: £140,000 – PRICED TO SELL.

 

Property comprises of a 2-storey 3-bedroom mid-terraced house. On the ground floor, the property has a spacious living room and well-equipped kitchen on the ground-floor. Upstairs, we find 3 double bedrooms with ample storage throughout as well as a well-equipped three-piece family bathroom. Externally, the property has a large rear garden with shed. Ample on street parking is available to the front of the property.

 

 

Property could achieve £800/month in rent, providing an exceptional investment opportunity for a shrewd investor. This gives the property a massive 8% Yield based on a Guide Price of £115,000. HOME REPORT VALUE: £140,000 – PRICED TO SELL.

 

 

With the property having main door access, it could lend itself to use as a short-term rental for contractors and tourists, subject to necessary permission from local authorities. Property could command a nightly rate of £90 which gives it an annual income of over £28,920 based on 80% occupancy.

 

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:

 

 

*** 80, Mastrick Road, Aberdeen, Aberdeenshire AB16 5PN previously sold for £190,000 in March 2016, 106 Mastrick Road, Aberdeen, Aberdeenshire Ab16 5PN previously sold for £172,500 in November 2017 ***

 

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:

Starting at the junction with Holburn Street, Mastrick Road runs westwards towards the suburbs of Mastrick and Northfield. Along the way, it passes through several residential areas and commercial districts, including the popular retail park at Hazlehead and the Westburn Park Sports Centre.

 

 

The road is lined with a mix of traditional and modern buildings, ranging from Victorian-era homes to more recent high-rise apartment blocks. A number of schools, community centers, and places of worship are also situated along the route.

 

 

Despite its urban setting, Mastrick Road is surrounded by green spaces, such as the tranquil Johnston Gardens and the vast Hazlehead Park. The latter features a golf course, a maze, and a children's playground, making it a popular destination for families.

 

 

Overall, Mastrick Road is a dynamic and diverse location that offers easy access to a range of amenities and attractions, making it a desirable place to live and visit in Aberdeen.



Location

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.

Virtual Tours

Property Features

  • Prime Property Auctions is excited to present an Attractive Tenanted 3 Bedroom Terraced House located in popular location within Aberdeen. Home Report Value: £140,000 – PRICED TO SELL.
  • *** 80, Mastrick Road, Aberdeen, Aberdeenshire AB16 5PN previously sold for £190,000 in March 2016, 106 Mastrick Road, Aberdeen, Aberdeenshire Ab16 5PN previously sold for £172,500 in November 2017 ***
  • Property currently tenanted at £495 with market rent around £800 per calendar month providing an exceptional investment opportunity for a shrewd investor.
  • At the market rent OF £800 per month, the property would achieve an excellent £8% yield based on Guide Price £115,000.
  • Property benefits from being fully Double Glazed which helps with energy efficiency.

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108 Mastrick Road, Aberdeen, AB16 5PN

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