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Description

• Status: Available
• Type: Flat

• Ownership: Freehold
• Occupation: Tenanted

• Bedrooms: 3
• Council Tax: Search

IMMEDIATE INCOME PRODUCING INVESTMENT*** SUPER SIZED 3 bedroom flat in popular residential area of Aberdeen.

Currently LET at £550pcm (£6,600 Per Annum) Per Annum. Low rent - similar properties LET for £750pcm (£9,000 Per Annum).

Local Sales Evidence; 1, Valley Gardens, Aberdeen, Kincardineshire AB12 5BP - recently SOLD for £165,000 in May 2024***

SUPER BUY-TO-LET INVESTMENT PROPERTY***

SUPER LOCATION*** There is a good range of local shops, leisure and educational facilities and the Duthie Park with its many attractions, is within walking distance.

IMMEDIATE INCOME PRODUCING INVESTMENT*** SUPER SIZED 3 bedroom flat in popular residential area of Aberdeen. Currently LET at £550pcm (£6,600 Per Annum) Per Annum. Low rent - similar properties LET for £750pcm (£9,000 Per Annum). Local Sales Evidence; 1, Valley Gardens, Aberdeen, Kincardineshire AB12 5BP - recently SOLD for £165,000 in May 2024*** SUPER LOCATION*** There is a good range of local shops, leisure and educational facilities and the Duthie Park with its many attractions, is within walking distance. The location is particularly convenient for the oil related offices at Altens and Portlethen and Robert Gordon University's Garthdee campus. Good public transport facilities provide access to Aberdeen City Centre and beyond.

Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210 km (145 miles) north east of Glasgow. The city benefits from excellent road communications with the A90 and A96.

Full Address: 24 Corthan Drive, Aberdeen, AB12 5AY

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £6,600 per year / £550 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

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Pricing Information & Bidding

Opening Bid: £94,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

• 10% Deposit
• Standard Completion
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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