Property Summary
We are excited to bring to the market this excellent 2 bedroom flat, situated within a prime location in Aberdeen.
***8 Flat A, Ferrier Crescent, Aberdeen, AB24 2QJ Previously sold for £85,000. 24, Donside Street, Aberdeen, AB24 2PJ Previously sold for £125,000. 58, Papermill Gardens, Aberdeen, AB24 2PY Previously sold for £105,000. 3, Papermill Grove, Aberdeen, AB24 2PU Previously sold for £155,000***
For rental purposes, the property could potentially achieve £700 - £750 per month (£8,400 - £9,000 p/a). This would return a fantastic 13-14% yield if achieved for guide price.
Sure to appeal to shrewd buy to let investors looking for a ready to let investment opportunity in an excellent location.
Property is located near a whole host of local amenities and is just a short 3 minute drive away from University Of Aberdeen - ***PRIME LOCATION***
PRIME NEW ENTRY. Excellent 2 bedroom flat, situated within a popular area of Aberdeen.
Property Comprises: Entrance hallway, Living room, kitchen, bathroom, 2 large double bedrooms. Property benefits from ample storage throughout.
Property could potentially achieve £700 - £750 per month (£8,400 - £9,000 p/a). This would return a fantastic 13-14% yield if achieved for guide price.
***POTENTIALLY HIGH YIELDING INVESTMENT***
Sure to appeal to shrewd buy to let investors looking for an excellent investment opportunity or home owners looking for a fantastic new home. The local area has seen some great sales recently showing strong demand.
Local sales evidence:
***8 Flat A, Ferrier Crescent, Aberdeen, AB24 2QJ Previously sold for £85,000. 24, Donside Street, Aberdeen, AB24 2PJ Previously sold for £125,000. 58, Papermill Gardens, Aberdeen, AB24 2PY Previously sold for £105,000. 3, Papermill Grove, Aberdeen, AB24 2PU Previously sold for £155,000***
Property is located near a whole host of local amenities and is just a short 3 minute drive from Aberdeen university.
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, known as the "Granite City," is a thriving hub for property investors due to its strong economy, driven by the oil and gas industry and its growing focus on renewable energy. The city offers a stable rental market, bolstered by a large student population from its universities and a transient workforce linked to the energy sector. Additionally, Aberdeen boasts modern amenities, excellent transport links, and proximity to scenic attractions like the Cairngorms, making it attractive for both residential and holiday let investments. Property prices in Aberdeen often offer good value compared to other major UK cities, while rental yields remain competitive.
