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31D Marischal Street, Aberdeen, AB11 5AD

Guide Price

£39,000

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Guide Price

£39,000

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Residential

flat

Vacant

31D Marischal Street, Aberdeen, AB11 5AD

1

bed

1

bath

1

reception

Council tax: A

Freehold

Rare Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen. Home Report £45,000.

  • Flat E, 23, Marischal Street, Aberdeen AB11 5AD, sold for £91,786, Flat C, 23, Marischal Street, Aberdeen AB11 5AD, sold for £91,786, 93, Littlejohn Street, Aberdeen AB10 1FL, sold for £88,500.

  • This property could achieve a remarkable £650 per month in rental income, translating to £7,800 annually. It represents a lucrative opportunity for astute investors aiming for a 20% yield if purchased at the guide price. Perfect for those eager to embark on a new project while capitalising on exceptional rental and potential capital growth.

  • Explore the potential of transforming this property into a serviced accommodation unit, with the possibility of earning £95 per night. With a 70% occupancy rate, you could generate an impressive £24,272 annually. Licensing and necessary information apply, providing a prime opportunity for those looking to enter the short-term rental market.

  • Ideal for owner-occupiers striving to get on the property ladder, this flat offers ample space for customisation. Situated in a prime location with excellent potential, it's perfect for buyers keen to personalise their living space and benefit from future appreciation.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen. Home Report £45,000.

The property comprises a welcoming living room/kitchen perfect for modern living; a spacious bedroom designed for comfort; and a contemporary shower room.

This property could achieve a remarkable £650 per month in rental income, translating to £7,800 annually. It represents a lucrative opportunity for astute investors aiming for a 20% yield if purchased at the guide price. Perfect for those eager to embark on a new project while capitalising on exceptional rental and potential capital growth.

Explore the potential of transforming this property into a serviced accommodation unit, with the possibility of earning £95 per night. With a 70% occupancy rate, you could generate an impressive £24,272 annually. Licensing and necessary information apply, providing a prime opportunity for those looking to enter the short-term rental market.

Ideal for owner-occupiers striving to get on the property ladder, this flat offers ample space for customisation. Situated in a prime location with excellent potential, it's perfect for buyers keen to personalise their living space and benefit from future appreciation.

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

Excellent sales evidence in the area:

Flat E, 23, Marischal Street, Aberdeen AB11 5AD sold for £91,786, Flat C, 23, Marischal Street, Aberdeen AB11 5AD sold for £91,786, 93, Littlejohn Street, Aberdeen AB10 1FL sold for £88,500.

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 urban hub on Scotland's northeast coast. Renowned for its rich history, diverse culture, and thriving economy, Aberdeen offers a wealth of opportunities for residents. With excellent transport links and a dynamic city centre, it's an ideal location for both investors and homeowners alike.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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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.