GUIDE PRICE

Deadline for Offers

30 September 2021, 3pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 35A Seaforth Road, Aberdeen, AB24 5PG

***SUPERB 2 BED FLAT ***in Aberdeen, excellent condition, EXCLLENT BUY-TO-LET INVESTMENT, Ground Floor, close to to Aberdeen University. SUIT SHREWD INVESTOR looking for a turnkey investment.

PROPERTY CONISISTS: Hallway, Livingroom Diner, Bed 1, Bed 2, Bathroom. Property benefits from Entrance via secure doorway and a recently fitted new bathroom.

Comparable Sales Evidence: 47e Seaforth Road sold for 143,500 in September 2018 49b Seaforth Road sold for 150,000 in November 2017 47 Flat C, Seaforth Road sold for 187,500 in July 2015

The property is currently tenanted at 525pm giving an excellent annual income of 6300 per year, which gives a SUPERB YIELD OF OVER 5% if achieved for the Guide Price. New tenant happy to stay.

The property is conveniently located in easy reach of all local amenities, Aberdeen beach, the university and Kings Links Golf Course and is close to the City Centre.

***SUPERB 2 BED FLAT ***in Aberdeen, excellent condition, EXCLLENT BUY-TO-LET INVESTMENT, Ground Floor, close to to Aberdeen University. SUIT SHREWD INVESTOR looking for a turn-key investment. PROPERTY CONISISTS: Hallway, Livingroom Diner, Bed 1, Bed 2, Bathroom. Property benefits from Entrance via secure doorway and a recently fitted new bathroom. Purpose built ground floor flat within an end terraced four storey block containing four individual flatted units and part of a modern residential development. Access by means of a shared internal hallway and stairwell. Within five minutes walk of the beach, ten minutes walk of the University. 52 sq m. Comparable Sales Evidence: 47e Seaforth Road sold for 143,500 in September 2018 49b Seaforth Road sold for 150,000 in November 2017 47 Flat C, Seaforth Road sold for 187,500 in July 2015 The property is currently tenanted at 525pm giving an excellent annual income of 6300 per year, which gives a SUPERB YIELD OF OVER 5% if achieved for the Guide Price. New tenant happy to stay.

Seaforth Road is conveniently located to the north of the City Centre and within walking distance of all local amnesties. Aberdeen beachfront and King Links Golf Course are a short distance. Aberdeen University, Sunnybank School, Hanover Street School are located nearby. Aberdeen has excellent transport links to Edinburgh and Glasgow via both the motorway and Aberdeen train station. Aberdeen Ferry Terminal is also not far.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rollng
Rent: 6,300 per year / 525 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Guide Price: £100,000


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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 30 September 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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