49 Ashvale Place, Ground Floor Left, Aberdeen, AB10 6QJ

Description

• Prime Property Auctions is excited to present this fantastic opportunity, this spacious  1 bedroom flat with sitting Tenant located within a sought after location in Aberdeen. HOME REPORT VALUATION £75,000/ Guide Price £45,000 *

• 45 Flat G, Ashvale Place, Aberdeen, Abn AB10 6QJ sold for £130,000,  41, Ashvale Place, Aberdeen AB10 6QJ sold for £145,000

• Property is Currently Tenanted at £400 PCM/ £4800 PA making it an attractive cash producing Investment giving immediate cash flow. Current Yield is 10.6% at Guide of £45,000.

• Property has a market rent of £600 - £700 PCM/ £7200 - £8400 which could give the property an impressive gross yield of 14% - 16% based on the guide of £50,000. 

• Potential BRRR, this property is an easily lettable property located in the city centre of Aberdeen, close to local amenities.

Prime Property Auctions is excited to present this fantastic opportunity, this spacious  1 bedroom flat with sitting Tenant located within a sought after location in Aberdeen. HOME REPORT VALUATION £75,000/ Guide Price £45,000 *

Property Comprises: 

Entrance hallway, open plan kitchen/living area, double bedroom and bathroom with w.c.

Potential BRRR, this property is an easily lettable property located in the city centre of Aberdeen, close to local amenities. Property has a market rent of £600 - £700 PCM/ £7200 - £8400 which could give the property an impressive gross yield of 14% - 16% based on the guide of £45,000.

Sales Evidence: 

45 Flat G, Ashvale Place, Aberdeen, Abn AB10 6QJ sold for £130,000,  41, Ashvale Place, Aberdeen AB10 6QJ sold for £145,000

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our

button on our website.

Potentially high yielding investment property.

This lot is open to immediate offers. Swing that there is strong demand.

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.

Property is Currently Tenanted at £400 PCM/ £4800 PA making it an attractive cash producing Investment giving immediate cash flow. Current Yield is 9.6% at Guide of £50,000. POTENTIALLY HIGH YIELDING INVESTMENT

Location

Aberdeen presents a lucrative opportunity in Scotland's thriving economy. As a major hub for the oil and gas industry and with a strong presence in sectors like renewable energy, technology, and healthcare, Aberdeen offers diverse investment avenues. The city's strategic location, excellent transportation links, and world-class infrastructure make it an attractive destination for commercial real estate ventures, particularly in office spaces and industrial developments catering to energy-related businesses. Additionally, Aberdeen's growing tourism sector, supported by its rich cultural heritage, vibrant arts scene, and proximity to scenic landscapes, presents opportunities in the hospitality, leisure, and retail sectors. Investors can capitalise on Aberdeen's resilient economy, skilled workforce, and innovative spirit to achieve sustainable growth and significant returns on investment.

Map

Need help funding this purchase?

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.