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Property Listing Details

Property details

  • 1 bedroom

Features

  • Affordable Investment Opportunity under LBTT threshold. Great size flat located on Victoria Road, Torry. Achievable rental £375 - £425 per calendar month. Early Offers Considered. *Home Report £50,000
  • The accommodation comprises of: Third Floor; Entrance hall, Lounge, Breakfasting kitchen and bathroom. Property further benefits from Double Glazed Windows. EPC Rating G
  • Property is in excellent decorative order and is in move in condition. Realistic rent in the area £375pcm giving an annual income of £4,500 and providing a yield of over 11%. Home report £50,000
  • **70/72, Victoria Road, Aberdeen AB11 9DS £110,000** **72, Victoria Road, Aberdeen AB11 9DS £97,000** **Flat 2,54a, Victoria Road, Aberdeen AB11 9DS £76,000** **Flat 3,54a, Victoria Road, Aberdeen AB11 9DS £80,000** **Flat 1,54a, Victoria Road, Aberdeen AB11 9DS £85,000**
  • Torry is extremely well served by a variety of local shops and leisure facilities and has good public transport links to the City Centre.

Listing view statistics

Last 30 days: 707 page views

Since listed: 707 page views

Description

** sale by auction - 05 December 2019 **
Edinburgh Marriott .

Affordable Investment Opportunity under LBTT threshold. Great size flat located on Victoria Road, Torry. Achievable rental £375 - £425 per calendar month. Early Offers Considered. Home reprot valuation £50,000 The accommodation comprises of: Third Floor; Entrance hall, Lounge, Breakfasting kitchen and bathroom. Property further benefits from Double Glazed Windows. Property is in excellent decorative order and is in move in condition. Ideal for buy to let investors. Realistic rent in the area £375pcm - £425 giving an annual income of £4,500 - £5,100 and providing a yield of over 11% - 13.5% if achieved for guide price. Superb sales evidence in the area, some examples of this are as follows:- **70/72, Victoria Road, Aberdeen AB11 9DS £110,000** **72, Victoria Road, Aberdeen AB11 9DS £97,000** **Flat 2,54a, Victoria Road, Aberdeen AB11 9DS £76,000** **Flat 3,54a, Victoria Road, Aberdeen AB11 9DS £80,000** **Flat 1,54a, Victoria Road, Aberdeen AB11 9DS £85,000**

The property is situated in Torry, which is an established and popular residential area just to the south of Aberdeen City Centre. Torry is extremely well served by a variety of local shops and leisure facilities and has good public transport links to the City Centre. The area is also conveniently situated for access to the Altens Industrial Estate. The River Dee and Duthie Park, with its many recreational attractions, are also within relatively easy walking distance.

Auction Details
05 December 2019,7.00pm
Edinburgh Marriott, 111 Glasgow Road, EH12 8NF

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Map & Nearby

Local Amenities

  • Aberdeen 0.5 miles
  • Aberdeen Ferry Terminal 0.5 miles
  • Walker Road School 0.2 miles
  • Torry Academy 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Aberdeen 0.5 miles
  • Aberdeen Ferry Terminal 0.5 miles
  • Walker Road School 0.2 miles
  • Torry Academy 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in AB11:

  • £138,467
  • Price decrease

  • -£427
  • (-0.307%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £119,569
  • Properties sold

    90

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in AB11 is currently:

£416 pcm

Recent sales nearby

See all recent sales in AB11
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
13th Nov 2019 £28,000 Price increased by £5,500
5th Nov 2019 £22,500 First listed
4th Jul 2019 £22,500 Last sold

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