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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

**IDEAL FOR INVESTOR LANDLORD** 1 bedroom traditional style flat in near rentable condition. Potential Rental yield of near 19% at home report value - excellent return on investment.

Comprises internally of lounge, fitted kitchen, double bedroom with en-suite shower and bathroom with w/c. Property will require some minor upgrading prior to rental. **EPC RATING D**

Property is further enhanced by a system of GAS central heating (untested), UPVC double glazing and well maintained communal areas. IDEAL FOR RENTAL. Close to city centre with high tenant demand.

Property is close to city centre - potential rental income at £550 per calendar month (£6600 per Annum). FANTASTIC POTENTIAL RETURN. Torry area of the city close to the docks and centre.

**COMPARABLE SALES**2 Bed Abbey Road sold 2024 at £92,500**1 Bed Victoria Road sold 2024 at £48,000**1 Bed Abbey Place currently marketed at £49,995**1 Bed Wood street sold 2021 at £42,000**

**IDEAL FOR INVESTOR LANDLORD** 1 bedroom traditional style flat in near rentable condition. Potential Rental yield of near 19% at home report value - excellent return on investment. Comprises internally of lounge, fitted kitchen, double bedroom with en-suite shower and bathroom with w/c. Property will require some minor upgrading prior to rental. Property is further enhanced by a system of GAS central heating (untested), UPVC double glazing and well maintained communal areas. IDEAL FOR RENTAL. Close to city centre with high tenant demand.**EPC RATING D** Property is close to city centre - potential rental income at £550 per calendar month (£6600 per Annum). FANTASTIC POTENTIAL RETURN. **COMPARABLE SALES**2 Bed Abbey Road sold 2024 at £92,500**1 Bed Victoria Road sold 2024 at £48,000**1 Bed Abbey Place currently marketed at £49,995**1 Bed Wood street sold 2021 at £42,000**Measurements - 14'0

Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. Situated centrally off Aberdeen’s city centre, the area around Torry is popular with young professionals and students alike. Residents of the city are spoiled for choice when it comes to local amenities: there’s a fantastic selection of supermarkets, independent boutique shops, restaurants, and primary and secondary schools all within easy reach. Plus, this area boasts several parks and green spaces and it’s only a short distance from lively Union Street. Housing in this area primarily consists of Victorian granite tenement blocks, as well as an increasing number of modern apartment complexes and new developments. Aberdeen City & Shire is the third largest city region in Scotland and home to almost 0.5 million people of which 230,000 live in Aberdeen. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce.

Full Address: 131 Abbey Road, Aberdeen, AB11 9QB

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Pricing Information & Bidding

Guide Price: £32,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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: 31 January 2025, 12pm
Type: Deadline for Offers

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