The subjects comprise a purpose built one bedroom first floor flat in a detached four storey tenement block containing six similar units with a restaurant/takeaway and access pend on the ground floor.
Windows are of a upvc design fitted with sealed unit double glazing. The front door is of a timber design. Access to the property is by means of a security intercom system leading to a shared hall.
Garden areas to the rear appear to comprise a flat deck area on the roof of the extension on the commercial unit below. RICS Home Report £40,000 (FORTY THOUSAND POUNDS STERLING).
COMPARABLE SALES *** 2 bed sold 158 Hutcheon Street 2022 at £92,500**1 bed Sold Hutcheon Street 2023 £68,500**Studio Flat sold Hutcheon Street 2017 at £54,000**1 Bed sold View Terr 2023 at £65,000.
FIRST FLOOR LEFT, 72A HUTCHEON STREET, ABERDEEN, AB25 3TB. Mid Floor One Bedroom Flat. EPC Rating - Band D. The property forms part of an established mixed residential/commercial neighbourhood to the north side of Aberdeen city centre. Locally, there is a range of shopping, educational and social facilities. Locally there are excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. Situated centrally in Aberdeen’s city centre for amenities. Affordable Investment opportunity with excellent capital growth potential. Property is offered in good order and would attract a monthly rental of £525- £600 per calendar month. *** 34, Hutcheon Street, Aberdeen, AB25 3TB sold for £145,000 February 2017, 29, Millbank Lane, Aberdeen, Aberdeenshire AB25 3YG sold for £120,000 April 2021 *** PERFECT FOR INVESTORS LOOKING TO START/GROW A PORTFOLIO. Property could attract a rental of £525 - £600 pcm or £6,300 to £7,200 annually.
Hutcheon Street is located approximately 1 mile north of Union Street and intersects George Street, a popular commercial thoroughfare of the city. The property is well located for access to the city centre and Great Northern Road, whilst also affording easy access to the north and west of the city. Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. Situated centrally in Aberdeen’s city centre, the area around George Street is popular with young professionals and students alike. Residents of the city are spoiled for choice when it comes to local amenities: there’s a fantastic selection of supermarkets, independent boutique shops, restaurants, and primary and secondary schools all within easy reach. Plus, this area boasts several parks and green spaces and it’s only a short distance from lively Union Street. Housing in this area primarily consists of Victorian granite tenement blocks, as well as an increasing number of modern apartment complexes and new developments. Aberdeen City & Shire is the third largest city region in Scotland and home to almost 0.5 million people of which 230,000 live in Aberdeen. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce.
Full Address: 72A Hutcheon Street (Eastmost FFF), Aberdeen, AB25 3TB
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