One bedroom flat

New to auction is this one bedroom flat, enjoying preferred first floor position, conveniently located close to Aberdeen city centre. The accommodation comprises lounge, bedroom, kitchen and bathroom. Some degree of upgrade is required which is reflected in the competitive guide price which offers an attractive 22% discount against £45,000 home report. Rental investors will be drawn to the strong potential returns, with local housing association figures suggesting that rental income of £5,685 per annum could be achieved. An ideal buy to let property or starter flat, this is sure to attract significant levels of demand. Early viewing is essential. Council Tax Band: A.

Tenure

Freehold

Area

Market Street enjoys convenient location on the edge of Aberdeen city centre, with a host of retail and leisure options within easy reach. Aberdeen is undergoing a resurgence in recent times, and provides all the leisure, recreational, shopping, entertainment and cultural facilities expected of the energy capital of Europe, with an airport situated to the north of the city which has an extensive range of domestic and international flights. Aberdeen benefits from an ever expanding range of domestic and European flights. There are also regular intercity services from the city’s railway station.

Local Authority

Aberdeen City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.