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36 Cypress Grove, Aberdeen, AB23 8LB

£79,000

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Flat

Residential

36 Cypress Grove, Aberdeen, AB23 8LB

2

bed

1

bath

1

reception

Turnkey Investment Opportunity

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Floorplan

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Deadline for offers

Today

Description

  • PRIME NEW LISTING. We are excited to present this 2 Bed Tenanted Flat, a turnkey investment opportunity located within a prime location in Aberdeen.

  • **32, Cypress Grove, Aberdeen AB23 8LB sold for £114,000 in Dec 2020, 58, Cypress Grove, Aberdeen AB23 8LB sold for £145,000 in Jun 2017**

  • For those seeking a lucrative investment, this property currently has a tenant paying £600 PCM / £7200 PA, offering an exceptional gross yield of 9.11% based on the guide price. This high yield potential makes it an attractive prospect for investors.

  • This is a perfect opportunity for astute investors eager to start or enhance their portfolio. The tenanted property guarantees immediate cash flow, providing a seamless and hassle-free investment experience.

  • Situated in a desirable southside location, this property is ideally positioned near a variety of local amenities, including shops and restaurants. With excellent prospects for capital and rental growth, this area is prime for investment in the burgeoning Aberdeen market.

PRIME NEW LISTING. We are excited to present this 2 Bed Tenanted Flat, a turnkey investment opportunity located within a prime location in Aberdeen.

The property comprises a welcoming hallway entry, a spacious and inviting living room, a well-equipped kitchen, and two generous bedrooms with ample storage throughout—a perfect blend of comfort and practicality.

For those seeking a lucrative investment, this property currently has a tenant paying £600 PCM / £7200 PA, offering an exceptional gross yield of 9.11% based on the guide price. This high yield potential makes it an attractive prospect for investors.

This is a perfect opportunity for astute investors eager to start or enhance their portfolio. The tenanted property guarantees immediate cash flow, providing a seamless and hassle-free investment experience.

Situated in a desirable southside location, this property is ideally positioned near a variety of local amenities, including shops and restaurants. With excellent prospects for capital and rental growth, this area is prime for investment in the burgeoning Aberdeen market.

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:

**32, Cypress Grove, Aberdeen AB23 8LB sold for £114,000 in Dec 2020, 58, Cypress Grove, Aberdeen AB23 8LB sold for £145,000 in Jun 2017**

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, a vibrant city in the northeast of Scotland, is renowned for its rich maritime history and bustling economy. Known as the "Granite City" due to its distinctive grey architecture, Aberdeen offers a blend of cultural heritage and modern amenities. With a strong academic presence and flourishing oil and gas industry, it is a key hub for business and education. The city is well-connected, offering excellent transport links and a variety of attractions, making it an appealing destination for both residents and investors.

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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)

£13,900

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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.