For Sale By Auction | 00:00, 10 October 2024

Flat G, 11 Short Loanings, Aberdeen AB25 2TA

*Guide | £55,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 10/10/2024

Auction Time

00:00

Auction Venue

Radisson Red, 25 Tunnel Street • G3 8HL

Two bedroom top floor flat situated in Aberdeen.

The property comprises of an entrance hallway, spacious lounge, kitchen, two double bedrooms and bathroom. The accommodation benefits from gas central heating and double glazed windows, although would benefit from modernization throughout. This would make an excellent project for a builder or investor looking to transform the property. With a potential rental income of £648.23 per month / £7778.68 per annum according to current LHA rates, this property offers an attractive 14% rental yield if purchased around the guide price. Council tax band B.

Tenure

Freehold

Area

Short Loanings is situated in the Rosemount area of the city. There is ample off street parking and regular public transport can be used to reach the city centre. There are a wide range of amenities in the vicinity including excellent shopping facilities at Rosemount and bars, cafes and restaurants close by. The property is also within walking distance of Aberdeen University and Aberdeen Royal Infirmary and Royal Cornhill Hospitals.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Aberdeen City Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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.