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Guide price

£60,000

2 bed flat for sale
289H, King Street, Aberdeen AB245An AB24

    • 2 beds

  • EPC Rating: B

  • Auction

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About this property

  • **ideal for investor landlord** 2 bedroom traditional style flat offering immediate potential for rental. Average Rental yield of near 10% at home report value - excellent return on investment.

  • Comprises internally of lounge, fitted kitchen, double bedroom (en-suite), 2nd bedroom bathroom with w/c. Property will require some minor upgrading prior to rental. **EPC rating B**

  • Property is further enhanced by a system of Gas heating (untested), UPVC double glazing and well maintained communal areas. Ideal for rental. Close to city centre with high tenant demand.

  • Property is close to city centre - potential rental income at £750 per calendar month (£8000 per Annum). Fantastic potential return. Northern Bar area of the city close to the docks and centre.

  • **comparable sales**2 Bed Modern Flat, King St sold 2023 at £82,000**3 Bed Currently Advertised King Street at £170,000**2 Bed King Street sold 2024 £151,000**2 Bed 56 Errol st sold 2022 at £133,000**

** sale by auction - 24 July 2025 - Timed Online Auction **

**ideal for investor landlord** 2 bedroom traditional style flat offering immediate potential for rental. Average Rental yield of near 10% at home report value - excellent return on investment. Comprises internally of lounge, fitted kitchen, double bedroom (en-suite), 2nd bedroom bathroom with w/c. Property will require some minor upgrading prior to rental. **EPC rating B**Property is further enhanced by a system of Gas heating (untested), UPVC double glazing and well maintained communal areas. Ideal for rental. Close to city centre with high tenant demand. Property is close to city centre - potential rental income at £750 per calendar month (£8000 per Annum). Fantastic potential return. Northern Bar area of the city close to the docks and centre. **comparable sales**2 Bed Modern Flat, King St sold 2023 at £82,000**3 Bed Currently Advertised King Street at £170,000**2 Bed King Street sold 2024 £151,000**2 Bed 56 Errol st sold 2022 at £133,000**

Aberdeen is located approx. 125 miles north of Edinburgh and 145 miles north east of Glasgow. Excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. Situated centrally off Aberdeen’s city centre, the area around Northern Bar is popular with young professionals and students alike. Residents of the city are spoiled for choice when it comes to local amenities: There’s a fantastic selection of supermarkets, independent boutique shops, restaurants, and primary and secondary schools all within easy reach. Plus, this area boasts several parks and green spaces and it’s only a short distance from lively Union Street. Housing in this area primarily consists of Victorian granite tenement blocks, as well as an increasing number of modern apartment complexes and new developments. Aberdeen City & Shire is the third largest city region in Scotland and home to almost 0.5 million people of which 230,000 live in Aberdeen. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce.

Auction Details
24 July 2025,10am-3pm
Timed Online Auction

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