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£80,000

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Flat 23, The Belfry, 261 George Street, Aberdeen, AB25 1ED

Residential

flat

Occupied

2

bed

1

bath

1

reception

Tax band: C

Freehold

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How to buy at auction

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Deadline for offers

Tomorrow

Attractive Turnkey Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this top-floor two-bedroom purpose-built flat located within a prime location in Aberdeen.
  • Sales Evidence: **19a, Ferryhill Place, Aberdeen AB11 7SE sold for £185,000; 34, Papermill Avenue, Aberdeen AB24 2PB sold for £110,000; Flat A, 16, Ashgrove Road, Aberdeen AB25 3AD sold for £105,000.**
  • This property is currently occupied with a rental income of £1,400pcm (£16,800 per annum), offering immediate cash flow for a buy-to-let landlord.
  • Based on current market rates, the property could reasonably achieve £1,000 per month (£12,000 per annum) if re-let, offering excellent future letting potential.
  • The flat is presented in immaculate condition and enjoys excellent amenities and transport links, making it a highly appealing purchase with strong long-term potential.

PRIME NEW LISTING. We are excited to present this top-floor two-bedroom purpose-built flat located within a prime location in Aberdeen.

The property comprises a welcoming hallway, a bright lounge with open plan kitchen, two well-proportioned bedrooms and a bathroom, all set across the top floor. Extending to approximately 55 sq.m, this is a well-laid-out property that will appeal to both investors and residential buyers alike.

This property is currently occupied with a rental income of £1,400pcm (£16,800 per annum), providing immediate income from day one and making it a readily lettable, turnkey investment for buy-to-let landlords. Based on current market rates, the property could reasonably achieve £1,000 per month (£12,000 per annum) if re-let, giving investors clear rental support and attractive ongoing potential.

The flat is presented in immaculate condition, with excellent local amenities and transport links close at hand. It represents a fantastic opportunity for an investor seeking a straightforward purchase with strong capital and rental growth potential, while also offering superb appeal for an owner-occupier looking for a stylish home with scope for personalisation.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area: **19a, Ferryhill Place, Aberdeen AB11 7SE sold for £185,000; 34, Papermill Avenue, Aberdeen AB24 2PB sold for £110,000; Flat A, 16, Ashgrove Road, Aberdeen AB25 3AD sold for £105,000.**

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.

Aberdeen is a vibrant and well-connected city that continues to attract professionals, students, families and tenants alike. George Street is ideally positioned for convenient access to a wide range of shops, cafés, supermarkets and everyday amenities, while the city centre is within easy reach. There are pleasant parks and green spaces nearby for outdoor leisure, and the area benefits from reliable public transport links as well as straightforward road connections across the city and beyond. This central setting offers an appealing balance of convenience, lifestyle and strong ongoing demand from the residential and rental markets.

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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)

£11,000

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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.