- Second Floor Apartment
- Three Bedrooms
- Great investment potential
- Balnagask, Aberdeen
- Home report Value: £25,000
- Potential Rental Income: £525 PCM
We are delighted to bring to auction this second floor apartment located in Balnagask, an Aberdeen suburb. The building is entered through the front communal door with it internally comprising three bedrooms, a lounge, kitchenette, and a shower room with WC. With its excellent location this property would be perfectly suited for investors looking to expand their rental portfolio as well as any students looking to attend one of Aberdeens highly regarded Universities.
From an investment point of view, this property would look to achieve around £525 PCM on the rental market with if purchased at its home report value of £25,000, you would be looking at a returning yield of just over 25% so make sure you dont miss out on this lucrative deal.
The property is located just across the bridge from the Aberdeen city centre in the Balnagask area. The property benefits from its easily accessible location with all amenities coming within walking distance including the popular Union Square which is just 500 yards down the road. Aberdeen has within the last few years had a stagnant property market with an abundance of property available, which has resulted in low sales prices.
For any further enquiries, please contact the Wilsons Auctions Property Department.
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