Jute Street, Aberdeen AB24

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 1

Agent: Prime Property Auctions - Glasgow Phone: 0141 376 8640

<ul><li><br/> </li><li>We are delighted to bring to the market this excellent 2 bedroom flat, situated within a prime location in Aberdeen. </li></ul> <br/> <br/> <br/> <br/><ul><li><br/> </li><li>*433b, George Street, Aberdeen, AB25 1ER Previously sold for £95,000. 24, Charles Street, Aberdeen, AB25 3TU Previously sold for £110,000. 112, Charles Street, Aberdeen, AB25 3TZ Previously sold for £100,000*</li></ul> <br/> <br/><ul><li><br/> </li><li>For rental purposes, the property is currently tenanted at £600 p/m (£7,200 per annum) which returns a fantastic 10% yield if achieved for guide price. Property could potentially attract £700 p/m. </li></ul> <br/> <br/> <br/> <br/><ul><li><br/> </li><li>Sure to appeal to shrewd buy to let investors looking for a turnkey investment opportunity in an excellent location. </li></ul> <br/> <br/><ul><li><br/> </li><li>Property is located near a whole host of local amenities and is just a short 3 minute drive from University Of Aberdeen - *PRIME LOCATION*</li></ul> <br/> <br/> <br/> <br/> <br/> <br/> <br/>We are delighted to bring to the market this excellent investment opportunity, situated within a popular area of Aberdeen. <br/> <br/> <br/> <br/> Property Comprises: <br/> <br/> <br/> <br/>Entrance hallway, Living room, kitchen, bathroom, 2 large double bedroom. Property benefits from ample storage throughout. <br/> <br/> <br/> <br/>Excellently presented property. Property is currently achieving £600 p/m in rent. This provides an annual income of £7,200 per annum. Excellent 10% yield if achieved for guide price. <br/> <br/> <br/> <br/>Property could potentially achieve £700 p/m. This would return £8,400 p/a. Excellent yield potential. <br/> <br/> <br/> <br/>Sure to appeal to shrewd buy to let investors looking for an excellent turnkey investment opportunity. The local area has seen some great sales recently showing strong demand. <br/> <br/> <br/> <br/>Local sales evidence: <br/> <br/>*433b, George Street, Aberdeen, AB25 1ER Previously sold for £95,000. 24, Charles Street, Aberdeen, AB25 3TU Previously sold for £110,000. 112, Charles Street, Aberdeen, AB25 3TZ Previously sold for £100,000* <br/> <br/>Property is located near a whole host of local amenities and is just a short 3 minute drive from University Of Aberdeen - *PRIME LOCATION* <br/> <br/> <br/> <br/> <br/> <br/>This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer Now" button on our website. <br/> <br/> <br/> <br/> <br/> <br/>This property is offered at a fantastic price to ensure an Auction sale. <br/> <br/> <br/> <br/> <br/> <br/>The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team. <br/> <br/> <br/> <br/> <br/> <br/> <br/> <br/>Location: <br/> <br/> <br/> <br/> Aberdeen, known as the "Granite City," is a thriving hub for property investors due to its strong economy, driven by the oil and gas industry and its growing focus on renewable energy. The city offers a stable rental market, bolstered by a large student population from its universities and a transient workforce linked to the energy sector. Additionally, Aberdeen boasts modern amenities, excellent transport links, and proximity to scenic attractions like the Cairngorms, making it attractive for both residential and holiday let investments. Property prices in Aberdeen often offer good value compared to other major UK cities, while rental yields remain competitive.