This is a promising investment opportunity to acquire a traditional two-bedroom first-floor flat situated in a sought-after area of Aberdeen, conveniently located near Aberdeen University and the city center, with numerous local amenities within reach. Spanning approximately 44sqm, this flat includes an entrance hall, a bright open-plan lounge/kitchen area, two bedrooms, and a bathroom. Housed within a classic three-storey granite building, the property features double glazing, gas central heating, and access to shared rear grounds and a communal entrance stairwell.
The flat requires significant upgrading and remedial work, making it an ideal project for investors or landlords looking for solid rental yields and potential capital appreciation. The Home Report has identified issues that need addressing such as dampness and general maintenance needs—factors that have been taken into account in the property's valuation.
Given its proximity to Aberdeen University, this location is particularly appealing to both student renters and young professionals. With easy transport links to the city center, beach front, and surrounding amenities like shops and cafes, this property holds considerable attraction in the rental market.
For those interested in pursuing this opportunity further, early inquiry is advised as it will be offered at auction. Prospective buyers should review all legal documentation thoroughly before placing bids.
