Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

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Esslemont Avenue, Aberdeen AB25 1 bed flat for sale

Esslemont Avenue, Aberdeen AB25
£39,000

Price History

Initial price £60,000
03/02/25 £55,000
25/04/25 £39,000,000
29/04/25 £39,000
03/05/25 £55,000
29/09/25 £39,000
07/10/25 £55,000
12/10/25 £39,000
21/10/25 £55,000
27/10/25 £39,000
31/10/25 £55,000
10/11/25 £39,000
Price Change -35.00%

Description

This prime new listing is a tenanted 1-bedroom flat situated in a prime location in Aberdeen, offering an excellent 11% yield if achieved for the guide price. The property is currently rented out for £550 per month, providing an annual income of £6,600. With a Home Report valuation of £75,000, the property could demand a higher rental income between £625-£650 per month, generating a gross yield of 12.5-13%. The property is located near local amenities and transport links, and is just a short drive away from the University of Aberdeen. The area has seen strong sales evidence, with similar properties selling for £116,505, £105,027, and £96,000 in recent months. This is an excellent opportunity for shrewd investors looking for a turnkey investment with good capital growth potential.