Flat 8 18 King Street, Aberdeen, AB24 5AX

Description

• PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen. Home Report £55,000. 

• **79, Rosemount Place, Aberdeen AB25 2XL sold for £90,000,** **Flat 2, 32, Market Street, City Centre, Aberdeen AB11 5PL sold for £70,000,** **50, King Street, Aberdeen AB24 5AX sold for £100,000**

• Once fully renovated, this property has the potential to achieve a rental income of £700 to £750 per calendar month. This translates to an annual yield of £8,400 to £9,000, offering a remarkable 20% yield if purchased at the guide price.

• The property requires renovation to unlock its full potential. This is a golden opportunity for a BRRRR investor seeking their next project, with the chance to buy, renovate, rent, refinance, and reap the benefits of strong capital and rental growth.

• Situated in a prime location boasting fantastic amenities and exceptional transport links, this flat presents an ideal opportunity for young professionals or students eager to step onto the property ladder, with ample scope for customisation.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen. Home Report £55,000.

The property comprises a welcoming entrance hallway, a spacious living room perfect for relaxation, a comfortable bedroom, a well-appointed bathroom, and a well-equipped kitchen with ample storage throughout.

Once fully renovated, this property has the potential to achieve a rental income of £700 to £750 per calendar month. This translates to an annual yield of £8,400 to £9,000, offering a remarkable 20% yield if purchased at the guide price.

The property requires renovation to unlock its full potential. This is a golden opportunity for a BRRRR investor seeking their next project, with the chance to buy, renovate, rent, refinance, and reap the benefits of strong capital and rental growth.

Situated in a prime location boasting fantastic amenities and exceptional transport links, this flat presents an ideal opportunity for young professionals or students eager to step onto the property ladder, with ample scope for customisation.

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:

**79, Rosemount Place, Aberdeen AB25 2XL sold for £90,000,** **Flat 2, 32, Market Street, City Centre, Aberdeen AB11 5PL sold for £70,000,** **50, King Street, Aberdeen AB24 5AX sold for £100,000**

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

Map

Need help funding this purchase?

Virtual Tour

Play Video: Flat 8 18 King Street, Aberdeen, AB24 5AX

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.