About this home
Property Details: - Type: Apartment - Bedrooms: 1 - Bathrooms: 1
Agent: Residential Estates - Chester Phone: 01244 988842
Don't miss out on this rare opportunity to secure a modern apartment in a high-demand location. Ideal for <br/>both investors seeking strong returns and buyers looking for stylish city living.<br/><br/>This property consists of: <br/>Luxury 1-Bedroom Apartment at City Point, Aberdeen<br/>Price: £140,000 | Tenure: Heritable (Freehold Equivalent) | Short Term Lets Permitted | Optional Parking<br/><br/>A Rare Investment Opportunity in the Heart of Aberdeen<br/><br/>Introducing a modern 1-bedroom apartment in the exclusive City Point development - a luxury collection of <br/>23 high-spec apartments in Aberdeen's sought-after City Centre/West End fringe. Ideally suited for owner <br/>occupiers or savvy investors looking to tap into Aberdeen's booming short-term rental market, this stylish <br/>home is part of a high-quality office conversion backed by a 10-year build warranty.<br/><br/>Apartment Features:<br/>* 1 Spacious Double Bedroom<br/>* Contemporary Open-Plan Living Area<br/>* High-Quality Finishes Throughout<br/>* Zero Ground Rent<br/>* 10-Year Build Warranty<br/>* Heritable Tenure (Freehold Equivalent)<br/>* Priced at £140,000<br/>* Optional Car Parking Space Available for £10,000<br/><br/>Why Invest in City Point?<br/>* Short Term Lets Allowed - Lease permits Airbnb/serviced accommodation<br/>* Projected Net Yields up to 11.85%<br/>* City Centre Location - Adjacent to Aberdeen's West End<br/>* No Ground Rent - Long-term value for owners<br/>* Completion Due Q2 2025 - Off-plan purchase<br/><br/>Prime Location: Chapel Street, Aberdeen, AB10 1SQ<br/>City Point is superbly located to take advantage of everything Aberdeen has to offer:<br/>* 2-minute walk to Shell's New Head Office (1,000+ staff)<br/>* 4-minute walk to Union Plaza - HQ for Deloitte and Aberdeen Standard Investments<br/>* Walking distance to Music Hall, His Majesty's Theatre, bars, cafés & shopping<br/>* 1.6 miles from the hospital (35-minute walk)<br/>* 30-minute walk to University of Aberdeen<br/>* 20-minute drive to Royal Aberdeen Golf Club<br/>* Close to the Energy Transition Zone (ETZ) - £12bn green investment over the next decade<br/><br/>Additional Information:<br/>* 23 Apartments: 17 x 1-beds, 4 x 2-beds, 2 x 3-beds<br/>* Prices from: £140k<br/>* Service Charge: Estimated £500-£1,500 per year (to be set by owners)<br/>* Parking: 5 Spaces available (£10k each)<br/>* Short Term Let Licence: £140/year for a 1-bed<br/>* Sold Off-Plan - No Homebuyer Report required<br/>* Fully Funded Development<br/><br/>Enquire Today<br/>Don't miss out on this rare opportunity to secure a modern apartment in a high-demand location. Ideal for <br/>both investors seeking strong returns and buyers looking for stylish city living.<br/><br/>Contact us now to request a brochure, floorplans, or to arrange a consultation.<br/><br/>Tenure: Freehold<br/>Heritable Interest (Equivalent to freehold property in England)