This property is a 1 bedroom flat located in Aberdeen. It has a long term tenant currently situated and is able to generate fantastic rental returns - for investors in this area, this would be a fantastic addition to your portfolio!
This well-kept home is neutrally decorated throughout and features 1 bedroom, a three-piece bathroom, a lounge, and a kitchen.
Investment details
The property currently produces an annual gross income of £4,800 which could be increased by the new owner to a market rate of £6,600 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested in viewing the Home Report, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Location
With an Aberdeen City Centre location, the property allows for walking distance access to countless valuable amenities. These include various supermarkets, bars, restaurants, cafes, local service businesses, retail stores, leisure facilities and the Aberdeen Train Station.
The University of Aberdeen is also within walking distance so the property would be ideal for students.
Living Space/lounge
The lounge makes for an ample living area with enough of space for furniture and family gatherings.
Kitchen
The kitchen is a good size and has been kept in good condition by the tenants.
Bathroom
The bathroom consists of a wash basin, W.C. and bathtub with an overhead electric shower.
Bedrooms
The bedrooms is a good size with enough room for a double sized bed, bedroom furniture and storage cabinets.
External
There is a large shared parking area outside the rear of the property.
Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.