One-bedroom flat in popular Stockethill, Aberdeen

FABULOUS INVESTMENT FLAT 1 bed ground floor located in popular Stockethill, Aberdeen. Presented in pristine condition offering a low risk and easy to maintain BTL property. Home Report £60,000. HIGH DEMAND RENTAL AREA. Realistic rental of £600 pcm giving an excellent annual income of £7,200, which would give a potential rental yield of up to 11% if achieved for the guide price. PROPERTY COMPRISES: Entrance Hallway, Large Public Room, Double bedroom, modern Kitchen, Bathroom. Generous built-in storage. 48 m2. Further benefits from Double glazing, Gas Central Heating. New Gas boiler fitted in 2016. Property further benefits from solid breezeblock construction, so warm and cosy inside, DG, GCH, properly spacious and outside maintained by the council including nice lawns, large drying greens and generous free parking. Most tenant demand will come from nurses and orderlies, care workers (from nearby nursing homes), students and industrial workers in the north of town including Dyce airport. There have also been car workers from nearby Lang Stracht car complexes and older people wanting ground floor, easy access. SUPERB LOCAL SALES EVIDENCE: 71 Cairncry Road, Aberdeen sold for £106,600 Aug 2021; 103 Cairncry Road, Aberdeen sold for £85,000 Sept 2021; 97 Cairncry Road, Aberdeen sold for £90,000 Aug 2018. The council do most of the external maintenance eg roofs, cladding, communal doors, intercoms so this investment would suit someone not wanting to get over involved in building works and would therefore find this very attractive. Risk is reduced due to the location to multiple work places. Stockethill is an increasingly popular area for families in particular and has a range of amenities right on its doorstep. Ideally situated for those commuting to any part of Aberdeen, it provides quick access to Aberdeen Royal Infirmary and the city centre as well as the A92 and the A90 city bypass. Property is situated 4 minutes from Aberdeen University, 5 minutes from Aberdeen Royal Infirmary and is located near a whole host of local amenities including shops and restaurants.