Flat 5, 2 Deer Road, Aberdeen- tenanted investment

Tenanted Investment

Starting bid: £38,000.00

Tenanted 1 bedroom flat in popular rental location close to Aberdeen City Centre. The property will be sold with settled long-term tenant in place paying £450 per month (£5,400 per year) giving an excellent return on investment and immediate income. Perfect for investor.

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Item condition: New

Auction has not been started yet.

Start On: June 25, 2025 10:00 am

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Ending On: June 25, 2025 3:00 pm

Description

Tenanted 1 bedroom flat in popular rental location close to Aberdeen City Centre. The property will be sold with settled long-term tenant in place paying £450 per month (£5,400 per year) giving an excellent return on investment and immediate income. Perfect for investor.

The property offers an immediate income as well as potential to increase the rent- £450 per month is low rent for the area. Property of this type should be generating an income of at least £550 per month (£6,600 per year) representing an incredible yield.

Perfect rental location with easy access to Aberdeen University and Aberdeen Royal Infirmary. Easy access to City Centre and the city’s massive number of attractions and amenities. Close to Aberdeen Airport.

Electric Heating, Double Glazing, Secure Entry System and Lift within professionally factored building.

The property offers free parking – a premium commodity in Aberdeen.

Property is offered at a price considerably below the local average.

Recent sales locally-
Flat 7, 2 Deer Road, Woodside, Aberdeen £77,000- May 2024- SOLD
Flat 2, 27 Deer Road, Woodside, Aberdeen £85,000- April 2024- SOLD

Potential for capital growth as well as immediate rental income. Perfect for investor.

Located in Woodside, this property is within easy reach of convenience stores on Great Northern Road, Tesco Danestone and Asda Bridge of Don and is just a short drive to the City Centre, Dyce and Aberdeen Royal Infirmary.

Aberdeen is the largest city in the North East of Scotland and is the UK’s home for the oil, gas and hydrogen creating a massive demand for rental properties.

The property will be sold under auction terms and conditions by Braveheart Auctions.

The seller has indicated that pre-auction offers will be considered for this property.

Be Brave… Follow Your Heart.

 

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Special Conditions of Sale

14 day completion
Contribution to seller's fees of £1,000+VAT *Reduced to £500+VAT for on time completion*