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Guide Price

£120,000

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Flat 8 498 Union Street, Aberdeen, AB10 1TS

Residential

flat

Vacant

2

bed

1

bath

1

reception

Tax band: C

Freehold

Excellent Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom Top Floor Flat located within a prime location in Aberdeen.

    ** HOME REPORT £160,000 **
  • **9-13, Albert Street, Aberdeen, AB25 1XX Previously sold for £277,000. Flat 12, City Point, Thistle Street, Aberdeen AB10 1DJ Previously sold for £200,000**

  • For rental purposes, this property could achieve between £950 to £1,150 per calendar month, translating to an impressive annual income of £11,400 to £13,800. This high rent potential would provide an exceptional gross yield of 9.5% to 11.5% based on the guide price **HIGH YIELD POTENTIAL**
  • The property will be sold vacant and is in a walk-in condition, making it ideal for first-time buyers, families looking for their new home, or investors seeking an easily lettable property in a sought-after location.

  • Situated near a wealth of local amenities, this property offers convenient access to parks, restaurants, coffee shops, and schools, with public transport easily accessible nearby.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom Top Floor Flat located within a prime location in Aberdeen

The property comprises a welcoming hallway entry, a bright and inviting living room, a well-equipped kitchen, two spacious bedrooms, a modern toilet, and ample storage throughout.

For rental purposes, this property could achieve between £950 to £1,150 per calendar month, translating to an impressive annual income of £11,400 to £13,800. This high rent potential would provide an exceptional gross yield of 9.5% to 11.5% based on the guide price

**HIGH YIELD POTENTIAL**

The property will be sold vacant and is in walk-in condition, making it ideal for first-time buyers, families looking for their new home, or astute investors seeking an easily lettable property in a sought-after location.

Situated near a wealth of local amenities, this property offers convenient access to parks, restaurants, coffee shops, and schools, with public transport easily accessible nearby.

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:

**9-13, Albert Street, Aberdeen, AB25 1XX Previously sold for £277,000. Flat 12, City Point, Thistle Street, Aberdeen AB10 1DJ Previously sold for £200,000**

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

Nestled along the northeastern coast of Scotland, Aberdeen is a captivating city that seamlessly blends rich history, vibrant culture, and stunning natural beauty. Known as the "Granite City" due to its extensive use of grey stone in its architecture, Aberdeen's distinct appearance gives it an air of timeless elegance. Here's a detailed description of this enchanting location:

As you approach Aberdeen, the first thing that catches your eye is the glittering expanse of the North Sea, stretching out to the horizon with hues of deep blue and shimmering silver. The city's coastline is adorned with sandy beaches, dramatic cliffs, and charming fishing villages, offering a picturesque frame to the urban landscape beyond.

Entering the heart of the city, you're greeted by a harmonious blend of old and new. Ancient structures, clad in the signature granite, stand alongside modern skyscrapers and sleek glass facades. The grey stone's intricate details catch the sunlight, casting an ethereal glow over the streets, especially during the golden hours.

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)

£18,000

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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.