Walker Lane, Aberdeen AB11 1 bed flat for sale

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Walker Lane, Aberdeen AB11 1 bed flat for sale

Walker Lane, Aberdeen AB11
£21,000

Price History

Initial price £24,000
17/04/25 £21,000
Price Change -12.50%

Description

This converted ground floor flat is an ideal investment opportunity for a landlord or developer, located close to Aberdeen city centre with high tenant demand. The property requires some upgrading to make it habitable or rent-ready, but with a guide price and potential rental income of £6,000 per annum, it offers a fantastic rental yield of 25%. The property features a system of electric heating, UPVC double glazing, secure entry, and well-maintained communal spaces. With minor works required, it's an excellent opportunity for a developer to enhance the property and increase its value. The location is highly sought after, with a high demand for rental properties in the area, making it an attractive investment for those looking to generate a strong return.