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Grampian Road, Aberdeen AB11 1 bed flat for sale
Grampian Road, Aberdeen AB11
£29,000
Grampian Road, Aberdeen AB11
£29,000
Price History
Initial price | £42,000 |
26/10/24 | £29,000 |
15/11/24 | £35,000 |
21/07/25 | £29,000 |
Price Change | -30.95% |
Description
This large 1-bedroom flat is located in a sought-after rental location in Aberdeen, offering a potentially high-yielding investment opportunity. The property, which is in need of a small degree of renovation, is expected to attract a monthly rental of £450-£500 in its current condition, increasing to £525-£600 once refurbished. The property benefits from a secure door entry system and communal gardens, and is located near local amenities and public transportation links. With a guide price of £35,000, the property offers an excellent rental yield of 12.8-14.3% and is sure to appeal to investors looking for a property that can be put their own stamp on. The property is located in the city's Torry neighborhood, which has its own thriving community and is within walking distance of the city center, with its numerous attractions, shops, and restaurants.