Property Details: • Type: Apartment • Tenure: N/A • Floor Area: N/A
Key Features: • Three residential properties sold as one lot • Fully tenanted and producing income from completion • Current rental income of £22,200 per annum • Attractive 11.7% gross yield at guide price • Established Aberdeen rental locations • Potential for future rental growth and continued income appreciation • Ideal addition to a property investment portfolio • Auction Date: 21st October
Location: • Nearest Station: Aberdeen Station • Distance to Station: 0.9335970629869107 miles
Agent Information: • Address: 6 Kilwinning Road, Dalry, KA24 4LG
Full Description: Excellent opportunity to acquire a tenanted portfolio of three residential investment properties within established Aberdeen rental locations.<br /><br />The portfolio comprises:<br /><br />159 Spring Garden, Aberdeen, AB25 1DG – 1 Bedroom – Let at £600 PCM<br />First Floor Left, 27 Chestnut Row, Aberdeen, AB25 1DG – 1 Bedrooms – Let at £600 PCM<br />Flat 7, 2 Deer Road, Woodside, Aberdeen, AB24 4RW – 2 Bedrooms – Let at £650 PCM<br /><br />The portfolio currently generates a combined rental income of £1,850 per calendar month (£22,200 per annum), providing an attractive gross yield of approximately 11.7% based on the guide price of £189,000.<br /><br />Located across well-established residential areas of Aberdeen, the properties benefit from strong tenant demand and offer an immediately income-producing investment with tenants already in place. The portfolio presents an excellent opportunity for both experienced landlords and investors seeking to expand their Scottish residential holdings with a high-yielding asset offering instant cash flow from day one.<br /><br />Aberdeen remains one of Scotland's principal cities, benefiting from a diverse economy supported by the energy, education and healthcare sectors, helping sustain ongoing demand within the private rental market.<br /><br />Investment Highlights: <br /><br />Three residential properties sold as one lot<br />Fully tenanted and producing income from completion<br />Current rental income of £22,200 per annum<br />Attractive 11.7% gross yield at guide price<br />Established Aberdeen rental locations<br />Potential for future rental growth and continued income appreciation<br />Ideal addition to a property investment portfolio<br /><br />Guide Price: £189,000<br /><br />To be offered for sale by Auction on 21st October.<br /><br />