2 bedroom flat for sale

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2 bedroom flat for sale

130 Crown Street, Aberdeen, AB11 6HQ
£90,000

Price History

Initial price £110,000
19/03/25 £95,000
01/04/25 £90,000
Price Change -18.18%

Description

Prime Property Auctions presents a fantastic 2-bedroom top-floor apartment in a popular buy-to-let location in Aberdeen, with a Home Report value of £120,000. The property is currently tenanted until October 2024 at £645 PCM, with potential to increase the rental income to £700-£750 PCM, providing a gross yield of 8%-9%. The apartment is located near local amenities, schools, and public transport, making it an attractive investment opportunity for shrewd investors. With a previous sales history of similar properties in the area, this property is poised to appeal to investors seeking a passive turn-key investment vehicle. The property is owned by a limited company, offering the option to take over the company and simplify the transaction process. Aberdeen, known as the "Granite City," is a dynamic city with a robust economy, excellent transport links, and a growing tourism industry, making it an attractive location for investors.