8A, Craig Place, Aberdeen, AB119AH

This ground floor flat, nestled in a traditional tenement building within the sought-after Torry area of Aberdeen, presents an attractive opportunity for investors looking to enter the rental market. Ideally located near key amenities such as the university, hospital, and a variety of businesses, the property benefits from high tenant demand. The layout features a hallway, living room, kitchen, one double bedroom, and a shower room. While it requires some internal upgrades to maximize its rental potential, these adjustments can significantly enhance its appeal. With an anticipated rental income of approximately £500 per month (or £6,000 annually), this property boasts a compelling rental yield if purchased at the auction starting bid price. Additional features include electric heating and part double glazing. The communal areas are well-maintained, further adding value to this investment opportunity. Given its prime location and inherent renovation potential, this flat is a wise choice for those looking to capitalize on Aberdeen's vibrant rental market.