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Flat A 88 Menzies Road, Aberdeen, AB11 9AJ

Residential

flat

Vacant

1

bed

1

bath

1

reception

Tax band: A

Freehold

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Attractive Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen.
  • Sales Evidence: Flat F, 86, Menzies Road, Aberdeen AB11 9AJ sold for £65000, Flat E, 88, Menzies Road, Aberdeen AB11 9AJ sold for £83750, 3, Walker Place, Aberdeen AB11 8BQ sold for £50000
  • This one-bedroom flat could achieve £550 to £600 per month (£6,600 to £7,200 per annum) based on current market rates, offering excellent income potential.
  • The property requires a degree of renovation, making it an ideal opportunity for an owner-occupier to create a stylish home with superb scope for personalisation.
  • Set in a prime location, this is a compelling BRRRR opportunity with exciting potential to add value and benefit from strong future rental growth.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat located within a prime location in Aberdeen.

The property comprises a bathroom accessed via the bedroom, a bright and airy living room/lounge, a fitted kitchen, and a useful small utility and hallway space.

As the property is currently vacant, it offers a potential rental income of £550 to £600 per month (£6,600 to £7,200 per annum) based on current market rates. This presents a remarkable opportunity for buy-to-let landlords seeking a readily lettable addition to their portfolio, while also appealing to first-time buyers, downsizers or those looking for a home they can move into and improve over time.

The property requires a degree of renovation to unlock its full potential but would be a perfect opportunity for an owner-occupier looking for their dream home with amazing potential for customisation.

The property is in a prime location for a BRRRR investor looking for their next project, with amazing potential to add value with great cap-rate rental growth upside.

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:Flat F, 86, Menzies Road, Aberdeen AB11 9AJ sold for £65000, Flat E, 88, Menzies Road, Aberdeen AB11 9AJ sold for £83750, 3, Walker Place, Aberdeen AB11 8BQ sold for £50000

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 is a vibrant and well-connected city that continues to attract a wide range of buyers and tenants thanks to its excellent local amenities and strong transport links. The area offers a good selection of everyday shops, supermarkets, cafés and leisure facilities, while nearby parks and green spaces provide welcome outdoor space for walking and relaxation. There is convenient access to schooling and commuter routes, with straightforward travel across the city and beyond. This combination of convenience, amenities and broad appeal makes Aberdeen a consistently popular choice for professionals, couples, smaller households and investors alike.

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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

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