This top floor flat presents a promising investment opportunity within the sought-after Salisbury Court development, conveniently located near Aberdeen city centre. The accommodation includes a lounge, fitted kitchen, two bedrooms, and a bathroom with a shower over the bath. While the property boasts double glazing and electric heating, it requires a significant upgrade to reach its full potential, creating an attractive value enhancement for both investors and owner-occupiers. The current competitive guide price reflects a notable 40% discount compared to the Home Report valuation of £110,000, coupled with strong rental prospects offering a potential yield of 12% based on Local Housing Allowance figures at this price point. It’s worth noting that the property's non-traditional construction may affect mortgage options. Viewing is highly recommended to appreciate the overall potential. This well-established residential area also provides excellent access to local amenities and public transport, making it ideal for students and professionals alike.
