OPENING BID

Timed Online Auction

29 January 2021, 10am-4pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 4
  • Council Tax Search SAA

Description

Full Address: 25C Bedford Avenue, Aberdeen, AB24 3YP

Ready let Investment*** Spacious 4 bedroom flat located in Aberdeen City Centre. Currently tenanted at 620PCM (7,440 Per Annum) LOW RENT for this area.

First Floor Flat Comprises; Hallway, Lounge, Kitchen, 4 double bedrooms and bathroom. EPC Band E. Benefits from Gas Central Heating and Double Glazing.

Local Sales Evidence; 65 Bedford Road, Aberdeen AB24 3LN previously SOLD for 160,000 in Feb 2020*** 8 Erskine Street, Aberdeen, AB24 3NQ previously SOLD for 195,000 in Dec 2019***

PERFECT FLAT FOR INVESTORS LOOKING TO START OR GROW PORTFOLIO. Currently tenanted at 620PCM (7,440 Per Annum) - Low Rent. Popular rental location.

Area features include city centre shopping centres and shops, wide variety of restaurant options, proximity to Aberdeen's nightlife and excellent transport links to all areas of the city.

Ready let Investment*** Spacious 4 bedroom flat located in Aberdeen City Centre. Currently tenanted at 620PCM (7,440 Per Annum) LOW RENT for this area. First Floor Flat Comprises; Hallway, Lounge, Kitchen, 4 double bedrooms and bathroom. EPC Band E. Benefits from Gas Central Heating and Double Glazing. Local Sales Evidence; 65 Bedford Road, Aberdeen AB24 3LN previously SOLD for 160,000 in Feb 2020*** 8 Erskine Street, Aberdeen, AB24 3NQ previously SOLD for 195,000 in Dec 2019*** PERFECT FLAT FOR INVESTORS LOOKING TO START OR GROW PORTFOLIO. Currently tenanted at 620PCM (7,440 Per Annum) - Low Rent. Area features include city centre shopping centres and shops, wide variety of restaurant options, proximity to Aberdeen's nightlife and excellent transport links to all areas of the city.

This property enjoys a superb location for those studying at Aberdeen University and for those wishing access to Aberdeen hospital complex. There are excellent local amenities with Berryden Retail Park close by which has a Sainsburys supermarket and further range of quality units. There are excellent public transport facilities which allow easy commuting to other areas of the city. The city of Aberdeen is the main business and enterprise hub in the North East of Scotland approximately 65miles North of Dundee with extensive investment in education and enterprise. The city has a population of 197,000 with further catchment of 200,000 in Aberdeenshire.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: 7,440 per year / 620 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes:

Document Downloads

HOME REPORT (Available) LEGAL PACK (Available)

Location

Pricing Information & Bidding

Opening Bid: £86,250

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 1.25% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week entension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 29 January 2021, 10am-4pm
Type: Timed Online Auction

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