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Guide Price

£59,000

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87 Oldcroft Place, Aberdeen, AB16 5BX

Residential

flat

Occupied

1

bed

1

bath

1

reception

Tax band: A

Freehold

Tenanted Residential Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

Today

Description

  • PRIME NEW LISTING. We are excited to present this tenanted one-bedroom flat located within a prime location in Aberdeen. Home report £65,000. 

  • **56 Stockethill Square, Aberdeen AB16 5DA sold for £73,000, 2023. 99 Oldcroft Place, Aberdeen AB16 5BX sold for £70,000, 2023. 87 Brierfield Terrace, Aberdeen AB16 5XT sold for £80,000, 2023.**

  • This investment opportunity is a one-bedroom tenanted property currently achieving a rental income of £550 per month. This results in an impressive annual income of £6,600, which translates to an 11% yield if purchased at the guide price.

  • Perfect for the astute investor, this property offers both impressive rental returns and capital growth potential. It is a fantastic chance for anyone seeking a turnkey investment.

  • Situated in a desirable location with excellent local amenities and transport links, this property is ideal for an investor looking for their next project with significant rental and capital growth possibilities.

PRIME NEW LISTING. We are excited to present this tenanted one-bedroom flat located within a prime location in Aberdeen. Home report £65,000.

The property comprises a welcoming entrance hall, a spacious and bright living room, a well-equipped kitchen, a comfortable bedroom, and a modern bathroom with W.C.

This investment opportunity is a one-bedroom tenanted property currently achieving a rental income of £550 per month. This results in an impressive annual income of £6,600, which translates to an 11% yield if purchased at the guide price.

Perfect for the astute investor, this property offers both impressive rental returns and capital growth potential. It is a fantastic chance for anyone seeking a turnkey investment.

Situated in a desirable location with excellent local amenities and transport links, this property is ideal for an investor looking for their next project with significant rental and capital growth possibilities.

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:

**56 Stockethill Square, Aberdeen AB16 5DA sold for £73,000, 2023. 99 Oldcroft Place, Aberdeen AB16 5BX sold for £70,000, 2023. 87 Brierfield Terrace, Aberdeen AB16 5XT sold for £80,000, 2023.**

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," boasts a vibrant economy driven by the oil and energy sectors, making it an attractive location for investments. Its rich cultural scene, historical landmarks, and beautiful coastline offer an appealing lifestyle for residents. With top-notch educational institutions and efficient transport links, Aberdeen continues to be a city of choice for property investors.

Map

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)

£11,900

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Video Description Play Video: 87 Oldcroft Place, Aberdeen, AB16 5BX

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.