Initial price	£60,000
03/02/25	£55,000
Price Change	-8.33%

This is a prime new listing for a one-bedroom flat in Aberdeen, Scotland, with a Home Report valuation of £75,000. The property is currently tenanted and generating a rental income of £550 per month, providing an excellent 11% yield if achieved for the guide price. With a high demand for rental properties in the area, the property could potentially demand a rental income of £625-£650 per month, resulting in a gross yield of 12.5-13%. The property is located near local amenities, transport links, and the University of Aberdeen, making it an attractive investment opportunity for shrewd investors. The area has seen strong sales evidence, with nearby properties selling for £116,505, £105,027, and £96,000 in recent months. The property is being offered at a fantastic price to ensure an auction sale, and bidders can participate in the live auction by creating a bidding account.