GUIDE PRICE

Deadline for Offers

07 July 2022, 3pm

Bidding Closes in

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

Description

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

Spacious 4 bedroom flat located in Aberdeen City Centre. AVAILABLE GOR IMMEDIATE PURCHASE. Large HMO property that would suit Buy to let investor looking for potentially High yielding investment. HOME REPORT VALUATION 135,000

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. Property would attract a monthly rental of 1,100 - 1,350 per calendar month.

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.

Spacious 4 bedroom flat located in Aberdeen City Centre. AVAILABLE GOR IMMEDIATE PURCHASE. Large HMO property that would suit Buy to let investor looking for potentially High yielding investment. HOME REPORT VALUATION 135,000 Tenanted property. Property will be sold with tenants in situ. The property is currently let for 675 per calendar month. The property is professionally managed with all certs in place. 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. Property would attract a monthly rental of 1,100 - 1,350 per calendar month. 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: Rolling
Rent: 8,100 per year / 675 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: Property is professionally managed. tenants are paying 675 pcm and have been in situ since May 2021

Document Downloads

HOME REPORT AVAILABLE - Download Now LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Guide Price: £115,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.75% of Sale Price (Minimum £2,750 + vat)

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

Auction Details

Date & Time: 07 July 2022, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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