- First floor Apartment
- Five bedrooms
- uPVC Double Glazed Windows
- Aberdeen City Centre
- Home report value: £35,000
- Potential rental income: £450PCM per apartment
We are delighted to bring to auction this five bedroom first floor centre apartment located within Aberdeen city centre. This property has previously been adjusted to be changed into three separate apartments but has been done so without the relevant planning permission. The property currently comprises an entrance hallway, five bedrooms, three kitchenettes, three shower rooms, a living room, a study, and a box room. Properties of this type and size are rarely available in city centres and with its unique layout, there is so much potential for what you could do with this property. The property additionally benefits from upvc double glazed windows and a good sized communal garden.
From a development point of view, if this property was further converted with adequate planning permission into three separate one/two bedroom apartments, you could be looking to achieve around £450 PCM per flat which is purchased at the home report value of £35,000 would look at returning at a yield of just over 46%.
Aberdeen city centre is an attractive location for professionals working in the city centre. The surrounding area is host to various shops such as a post office, pharmacy, bakery and restaurants. The city of Aberdeen has great amenities with two well-known Universities, an airport, excellent rail and bus services and one of Scotlands best shopping facilities.
For further information please get in touch with the Wilsons Auctions Property Department.
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