Initial price	£260,000
15/01/25	£250,000
01/04/25	£245,000
Price Change	-5.77%

Prime Property Auctions presents a stunning guesthouse building in Aberdeen, operating as a 6-bedroom HMO with a guide price of £260,000. The property is currently tenanted and achieving £1800-£2500 PCM, providing an annual yield of 9.23-11.5%. Although previously sold for £395,000, the property is being offered at a substantial discount, making it an excellent opportunity for builders, developers, and investors. The property comprises a lower ground floor with kitchen, bedrooms, and shower room, as well as a ground floor with lounge, bedroom, and en-suite. The upper floor features two double bedrooms, a cloakroom, and separate shower room. The property also includes an enclosed rear garden, parking for four cars, outhouse, and garage. With potential to be converted into multiple serviced accommodation units or back into a residential unit with an end market value of upwards of £380,000, this property is sure to appeal to those looking for a project and is being offered at a huge discount to ensure an auction sale.