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Guide Price
£260,000 Guide Price

47 Springbank Terrace, Aberdeen, AB11 6LR

210879540

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Terraced House

Ownership

Freehold

Occupation

Vacant

Bedrooms

6

Council Tax

Band: G
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Rare Residential Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to present this stunning guesthouse building, operating as HMO, boasting 6 bedrooms, set within the beautiful location of Aberdeen ***Guide Price of £260,000***

 
  • ***Springbank Terrace, Aberdeen, AB11 6JZ  previously sold £395,000, Springbank Terrace, Aberdeen, AB11 sold for £360,000***

 
  • Rental potentially could achieve £2000- £2,500 PCM/ 24,000- £30,000 PA which provides an annual yield of 9.23- 11.5% based on a guide price of £260,000.

 
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.

 
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

 

Prime Property Auctions is excited to present this stunning building, boasting 6 bedrooms, set within the beautiful location of Aberdeen ***Guide Price of £260,000***

 

Property Comprises: 

 

Lower Ground Floor: Fully fitted kitchen, two double bedrooms (one with a washbasin), single bedroom, shower room, utility room, and dining room.  

Ground Floor: Large lounge, double bedroom with en-suite.  

Lower Mezzanine: Cloakroom.  

Upper Floor: Two double bedrooms, cloakroom, and separate shower room.  

Outside: Enclosed rear garden, parking for 4 cars, outhouse, and garage.

 

Sales Evidence: 

 

***Springbank Terrace, Aberdeen, AB11 6JZ  previously sold £395,000, Springbank Terrace, Aberdeen, AB11 sold for £360,000***

 

Rental potentially could achieve £2000- £2,500 PCM/ 24,000- £30,000 PA which provides an annual yield of 9.23- 11.5% based on a guide price of £260,000.

 

Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units or back into residential unit with End Market Value of upwards £380,000.

 

Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

 

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, often called the Granite City, is a bustling coastal city in northeast Scotland, known for its striking grey-stone architecture and vibrant urban life. The city offers a rich blend of history and modernity, with landmarks like Marischal College and the beautiful Aberdeen Beach standing alongside contemporary shopping centres, restaurants, and a thriving arts scene. As a major hub for the energy industry, Aberdeen has a cosmopolitan vibe, yet retains its Scottish charm with welcoming locals and cultural festivals. Surrounded by picturesque landscapes, including the nearby Cairngorms National Park, Aberdeen is a perfect blend of city sophistication and natural beauty.
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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.

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Property Features

  • Prime Property Auctions is excited to present this stunning guesthouse building, operating as HMO, boasting 6 bedrooms, set within the beautiful location of Aberdeen ***Guide Price of £260,000***
  • ***Springbank Terrace, Aberdeen, AB11 6JZ previously sold £395,000, Springbank Terrace, Aberdeen, AB11 sold for £360,000***
  • Rental potentially could achieve £2000- £2,500 PCM/ 24,000- £30,000 PA which provides an annual yield of 9.23- 11.5% based on a guide price of £260,000.
  • Property is being offered at a substantial discount. (Subject to gaining necessary planning consents) Potentially excellent opportunity to be converted into multiple serviced accommodation units.
  • Property is sure to appeal to Builders/developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale!

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