3 bedroom flat for sale

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3 bedroom flat for sale

St Fitticks Road, Aberdeen AB11
£56,000

Price History

Initial price £64,000
19/10/24 £70,000
26/10/24 £56,000
Price Change -12.50%

Description

This is a fantastic buy-to-let investment opportunity in Aberdeen, offering a 3-bedroom ground-floor ex-council flat with high demand rental area and good rental yield potential. The property boasts a large L-shaped hall, lounge diner, kitchen, three bedrooms, and a bathroom, with further benefits including double glazing, gas central heating, a new boiler fitted in 2020, and a new bathroom installed in 2018. Comparable sales evidence suggests that similar properties in the area have sold for between £100,000 and £125,000, making this a realistic guide price. With a realistic rent of £750 per month, the annual income would be £9,000, providing a terrific yield of nearly 12% if achieved. The property is set to go under the hammer in a timed online auction on October 31st, 2024, with bidding instructions available on the auctioneer's website.