Two Bedroom Top Floor Flat

We are pleased to present to auction this excellent investment opportunity within the popular Salisbury Court development, ideally positioned close to Aberdeen city centre. The property is on the top floor and accommodation comprises a lounge, fitted kitchen, two bedrooms and bathroom with shower over bath. Further benefits include double glazing, electric heating and a secure door entry system. A programme of upgrade works is required, creating an attractive value-add opportunity for investors and owner-occupiers alike, and is reflected in the competitive Guide Price offering a substantial 40% discount against the Home Report value of £110,000. Buy-to-let purchasers will be particularly attracted by the strong rental prospects, with a potential rental yield of 12% based on Local Housing Allowance figures at the Guide Price. Prospective purchasers should note that the property is of non-traditional construction, which may impact mortgage availability and lending terms. Early viewing is recommended to fully appreciate the value on offer. EPC Rating F. Council Tax Band C.

Tenure

Freehold

Area

Salisbury Court is situated within a well-established residential district to the south-west of Aberdeen city centre. The location offers an excellent range of everyday amenities, including supermarkets, local shops, cafés, restaurants, pharmacies and medical facilities, all within easy reach. Aberdeen city centre is approximately 1.5 miles away, providing extensive retail, leisure and employment opportunities. Schooling is well catered for, with Broomhill School, Ashley Road School and Harlaw Academy serving the area, while the highly regarded Albyn School is also nearby. Robert Gordon University is conveniently located, making the property particularly appealing to students, staff and rental investors. Excellent public transport links operate throughout the area, with regular bus services providing connections across Aberdeen. Aberdeen Railway Station offers direct services to Edinburgh, Glasgow, Dundee and London, while the AWPR provides swift access to Aberdeen International Airport and major business centres.

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Aberdeen City Council

Additional Fees

Buyer's Premium - 1.1% of the purchase price subject to a minimum of £1000 plus VAT

Administration Charge - No admin fee.

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