2 bed flat for sale

25 Cherrybank Gardens, Aberdeen AB11

• Prime Property Auctions is excited to present a Tenanted 2 Bedroom Flat located minutes from university in popular central location in Aberdeen.

• *** 2, Cherrybank Gardens, Aberdeen, AB11 6FJ sold for £171,750 in April 2016,3, Cherrybank Gardens, Aberdeen, Aberdeenshire, AB11 6FJ sold for £165,000 in November 2022 ***
  
• Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor. This would give the property a 7.8% - 8.3% gross yield based on a Guide Price of £115,000 - priced to sell.

• Sure to appeal to shrewd buy to let investor looking for a great investment opportunity. Property has been finished to a high standard and presents a turnkey investment opportunity.
  
• Property could generate an annual income of £9,000 - £9,600 per annum, giving an impressive gross yield of 7.8% - 8.3%.

Prime Property Auctions is excited to present a Beautiful Flat 2 Bedroom Flat located in popular central location in Aberdeen.

Property comprises a 1 Bedroom flat. The spacious accommodation allows for fantastic socialising space with the large living room and kitchen. Completing the accommodation is a large double bedroom and a well-equipped bathroom.

Property currently let at £650/month but could achieve £750-800/month in rent, providing an exceptional investment opportunity for a shrewd investor. This would give the property a 7.8% - 8.3% gross yield based on a Guide Price of £115,000 - priced to sell.

Property benefits from Double Glazing and Gas Central Heating which helps with energy efficiency and helps future-proof against incoming EPC legislation.

Property could generate an annual income of £9,000 - £9,600 per annum, giving an impressive gross yield of 7.8% - 8.3%.

The property is offered at a discount to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:

*** 2, Cherrybank Gardens, Aberdeen, AB11 6FJ sold for £171,750 in April 2016,3, Cherrybank Gardens, Aberdeen, Aberdeenshire, AB11 6FJ sold for £165,000 in November 2022 ***

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

Location:

Nestled within the heart of Aberdeen, Cherrybank Gardens is a serene oasis that captivates visitors with its natural beauty and tranquil ambiance. As you step through the wrought-iron gates and into the garden's embrace, you are transported into a realm of botanical splendor.

Nestled along the rugged northeast coast of Scotland, Aberdeen stands as a unique and captivating city that effortlessly marries tradition with modernity. Known as the "Granite City" due to its stunning gray stone architecture, Aberdeen offers a rich tapestry of history, culture, and natural beauty.

The city's skyline is characterized by the majestic spires of centuries-old cathedrals and the distinctive silhouettes of granite buildings that reflect the changing light in a mesmerizing dance. The bustling streets are alive with a vibrant energy, where locals and visitors alike traverse a mosaic of cobblestone alleys and bustling thoroughfares, passing by boutique shops, traditional pubs, and contemporary cafes that spill onto the sidewalks.

Read full description