Carmelite Lane, Aberdeen, AB11

Property Details: • Type: Flat • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Buy-to-let Investment • Tenanted & Fully Compliant • 2 Bedrooms • Home Report £95,000 • Current Rental £800pm • Current Yield 11.4% • EPC Rating: E • 66 sq m • No Buyer Fees

Location: • Nearest Station: Aberdeen Station • Distance to Station: 0.1250431158474978 miles

Agent Information: • Address: Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ

Full Description: <p>Tenanted 2 bedroom property in central Aberdeen with a current yield of 11.4%. This buy-to-let investment property comprises a hall, a large open plan living room room Kitchen, 2 double bedrooms with built-in wardrobes, and shower room. The property benefits from having open views across the city, residents lift, double glazing, and electric heating. </p><p>The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since September 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,600. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £95K. The communal areas of the building are managed by Newton Property for approximately £90 per month</p><p>Carmelite Lane is located just off Trinity Street, accessed from Guild Street. Centrally located, 'The Green' links the main shopping area of Union Street with its wide range of retail outlets, entertainment, and leisure facilities to Union Square, the railway station, and main bus depot. Both Robert Gordon University and the University of Aberdeen are within easy access, and a regular bus service is readily available on Union Street. </p>