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Investment portfolio of 3 tenanted flats
Cuminestown, AB53 - Get Access
Description
We are excited to present this portfolio of three tenanted flats located in a prime location in Turriff. These properties currently achieve a combined rental income of £1,650 per calendar month (£19,800 per annum), offering immediate cash flow for buy-to-let landlords. Set within a prime location, the portfolio offers excellent potential to add value over time, making it an outstanding opportunity for buyers seeking strong capital growth prospects alongside attractive rental appeal. Its position within the area adds to its long-term desirability and supports the case for both steady demand and future appreciation. The flats are presented in fantastic condition, with access to great local amenities and transport links, and the portfolio has been offered at a compelling discount, creating an opportunity for immediate cash flow from day one. This is the sort of purchase that will appeal to investors looking for a straightforward acquisition with strong fundamentals already in place. Comparable sales evidence in the area includes Castlehill, Cuminestown AB53 8HQ sold for £310,000; Schoolhouse, Thornhill Road, Turriff AB53 5WH sold for £300,000; and Deireadh An Domhain, Stanryknowe Brae, Cuminestown AB53 5UZ sold for £510,000. Turriff is a popular Aberdeenshire town that offers a welcoming community feel alongside a good range of everyday amenities, including local shops, supermarkets, cafés, and essential services. The area is well suited to families, professionals, and tenants alike, with schooling options nearby and pleasant parks and green spaces adding to the lifestyle appeal. Road links make travel across Aberdeenshire straightforward, with access to larger surrounding towns and Aberdeen for wider employment, retail, and leisure facilities. Overall, Turriff remains an attractive and practical place to live, with broad appeal for both owner-occupiers and landlords.