5 bed Flat For Sale £110,000
1E Summer Street, Woodside, Aberdeen, Aberdeenshire, AB24 4EY

FOR SALE BY ONLINE AUCTION THURSDAY 27TH JULY AT 9.00AM. Five bedroom HMO flat in a central location in Aberdeen city centre. Potential end-market rental value in the region of £1,750pcm with full occupancy. Incredible yield of 19.1% at Guide Price - ideal buy-to-let investment opportunity.

Online Property Auctions Scotland are delighted to present this fantastic 5 bedroom HMO flat in central Aberdeen. Currently vacant, the property has a potential rental value in the region of £350 per room, providing £1,750pcm/£21,000pa. This would give an outstanding yield of 19.1% at Guide Price.

The flat is comprised of an entrance hallway, a kitchen/lounge, five bedrooms and two shower rooms. Home Report valuation of £150,000 - massive £40,000 saving at Guide Price!

- 5 Bedroom HMO Flat
- Centrally located
- Potential rental value of £1,750 at full occupancy/19.1% yield at Guide Price
- Home Report value of £150,000

Nearby Sales:
35 Summer Street - Sold for £130,000 Dec 2022
Flat G, 47 Summer Street - Sold for £125,000 Jan 2020
Flat L, 49 Summer Street - Sold for £126,000 Oct 2019
9a Summer Street - Sold for £147,000 May 2019

Aberdeen is Scotland's third largest city by population and is home to two universities and Scotland's largest further education college, creating high tenant demand for student accommodation such as this property. The flat is located in the city centre, with a mixture of residential and commercial properties nearby. Union Square shopping centre and train station is less than a mile walk, and Bon Accord and Trinity Centre are even closer.

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