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7 Merkland Road East, Aberdeen, AB24 5PS

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£60,000

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Guide Price

£60,000

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Residential

flat

Occupied

7 Merkland Road East, Aberdeen, AB24 5PS

2

bed

1

bath

1

reception

Freehold

Turnkey Investment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted 2 bedroom flat located within a prime location in Aberdeen.

  • **43 Orchard Street, Aberdeen AB24 3DA sold for £87,500 in Feb 2022, Flat D, 45 Seaforth Road, Aberdeen AB24 5PG sold for £85,000 in Sep 2024**

  • Currently occupied, this property provides an attractive rental income of £450 pcm (£5,400 per annum), representing an outstanding opportunity for investors seeking substantial returns. It offers exceptional gross yield potential, making it an incredible high-yield investment.

  • This flat is a perfect turnkey investment, ideal for anyone looking to add a unit with minimal hassle to their portfolio. It promises effortless management and immediate return on investment.

  • Positioned in a popular location, this flat is conveniently close to a host of local amenities, offering both comfort and convenience to its residents.

PRIME NEW LISTING. We are excited to present this tenanted 2 bedroom flat located within a prime location in Aberdeen.

The property comprises a welcoming hallway entry, a comfortable living room, a well-equipped kitchen, and two spacious bedrooms with ample storage throughout.

Currently occupied, this property provides an attractive rental income of £450 pcm (£5,400 per annum), representing an outstanding opportunity for investors seeking substantial returns. It offers exceptional gross yield potential, making it an incredible high-yield investment.

This flat is a perfect turnkey investment, ideal for anyone looking to add a unit with minimal hassle to their portfolio. It promises effortless management and immediate return on investment.

Positioned in a popular location, this flat is conveniently close to a host of local amenities, offering both comfort and convenience to its residents.

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:**43 Orchard Street, Aberdeen AB24 3DA sold for £87,500 in Feb 2022, Flat D, 45 Seaforth Road, Aberdeen AB24 5PG sold for £85,000 in Sep 2024**

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 located in the northeast of Scotland, known for its rich history, stunning architecture, and thriving cultural scene. The city offers excellent amenities, educational institutions, and is well-connected by public transport, making it an attractive place to live and invest.

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10%, minimum deposit £5,000

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

Total payable today if offer accepted (deposit + fee)

£12,000

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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.