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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 3
- Council Tax:
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TENANTED INVESTMENT OPPORTUNITY*** LARGE 3 bedroom tenanted first floor flat located within Aberdeen. ***IMMEDIATE RETURN ON INVESTMENT
Currently tenanted at £550pcm (£6,600 Per Annum. Low rent - similar properties LET for £750pcm (£9,000 Per Annum).
Local Sales Evidence; 6, Faulds Gate, Aberdeen, AB12 5QS (3 bed) previously SOLD for £135,000 in June 2022***
SUPER SIZE AND LOCATION*** There is a good range of local shops, leisure and educational facilities.
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.
TENANTED INVESTMENT OPPORTUNITY*** LARGE 3 bedroom first floor flat located within Aberdeen. ***IMMEDIATE RETURN ON INVESTMENT.
Currently tenanted at £550pcm (£6,600 Per Annum. Low rent - similar properties LET for £750pcm (£9,000 Per Annum).
Local Sales Evidence; 6, Faulds Gate, Aberdeen, AB12 5QS (3 bed) previously SOLD for £135,000 in June 2022***
SUPER SIZE AND LOCATION*** There is a good range of local shops, leisure and educational facilities.
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.
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.
Full Address: 28 Faulds Gate, First Floor, Aberdeen, AB12 5QS
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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:
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Pricing Information & Bidding
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).
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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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