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65 Summer Street, Aberdeen, AB10 1SJ

Guide Price

£65,000

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Guide Price

£65,000

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Residential

flat

Vacant

65 Summer Street, Aberdeen, AB10 1SJ

2

bed

1

bath

1

reception

Council tax: A

Freehold

We are baking a residential opportunity

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How to buy at auction

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Deadline for offers

2 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Aberdeen. Home Report £75,000.

  • **Flat C, 31 New Century House, Dee Street, Aberdeen AB11 6AW sold for £100,000, 15, Springbank Terrace, Aberdeen AB11 6LS sold for £105,000, Flat G, 47, Summer Street, City Centre, Aberdeen AB10 1SB sold for £110,000.**

  • This vacant two-bedroom flat boasts the potential to achieve a rental income of £700-£750 per calendar month. With a possible annual income of £8,400-£9,000, this translates to an impressive gross yield of 13%-14%, if purchased at the guide price. An enticing prospect for those seeking a strong return on investment.

  • A perfect opportunity for a BRRRR investor looking for their next project. Add value to this property and enjoy great rental and capital upside. This flat is a canvas ready for transformation, offering significant potential in a thriving market.

  • Suitable for an owner-occupier eager to step onto the property ladder. With plenty of room for customisation, the property is situated in a prime location with immense potential. Ideal for those looking to buy now and profit later.

PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Aberdeen. Home Report £75,000.

The property comprises a welcoming entrance hallway, a bright and airy living room, a well-equipped kitchen, two spacious bedrooms, and a modern shower room.

This vacant two-bedroom flat boasts the potential to achieve a rental income of £700-£750 per calendar month. With a possible annual income of £8,400-£9,000, this translates to an impressive gross yield of 13%-14%, if purchased at the guide price. An enticing prospect for those seeking a strong return on investment.

A perfect opportunity for a BRRRR investor looking for their next project. Add value to this property and enjoy great rental and capital upside. This flat is a canvas ready for transformation, offering significant potential in a thriving market.

Suitable for an owner-occupier eager to step onto the property ladder. With plenty of room for customisation, the property is situated in a prime location with immense potential. Ideal for those looking to buy now and profit later.

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 C, 31 New Century House, Dee Street, Aberdeen AB11 6AW sold for £100,000, 15, Springbank Terrace, Aberdeen AB11 6LS sold for £105,000, Flat G, 47, Summer Street, City Centre, Aberdeen AB10 1SB sold for £110,000.**

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 is a vibrant city known for its rich history, bustling energy sector, and stunning coastal views. With a thriving cultural scene, excellent amenities, and strong transport links, it is an ideal location for both residents and investors 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)

£12,500

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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.