1 bedroom flat for sale

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1 bedroom flat for sale

Grampian Road, Flat G-Left, Aberdeen AB11
£15,000

Price History

Initial price £31,000
05/04/25 £40,500
12/04/25 £15,000
Price Change -51.61%

Description

This large 1-bedroom flat in Aberdeen is a prime investment opportunity, offering a potentially high-yielding return. The property, located on Grampian Road, needs a small degree of renovation to reach its full potential, but even in its current state, it can attract a monthly rental of £450-£500. Once refurbished, it could command a monthly rent of £525-£600. The property is situated in a sought-after location, close to local amenities, making it an attractive option for investors. With recent sales of similar properties in the area, including a nearby flat that sold for £105,000 in July 2024 and another for £100,000 in September 2020, this property has the potential to generate significant returns.