Guide price
£50,000
2 bed flat for saleFirst Floor Flat, 31 Powis Terrace, Aberdeen, Aberdeen City AB25
2 beds
1 bath
1 reception
EPC Rating: E
Added on
About this property
Home Report £65,000
Attractive 23% discount from home report value
Ideal investment
High demand rental area
Potential rental income of £648.23 pcm or £7778.68 pa
Conveniently situated
Wheelchair accessible
Two bedroom first floor flat
Situated within a popular residential area of Aberdeen, this two-bedroom first floor flat presents an excellent opportunity for investors, developers or owner-occupiers looking for a renovation project.
The property requires a programme of upgrading and modernisation but offers fantastic potential to add value, reflected by its Home Report valuation of £65,000 and attractive auction guide price. Once refurbished, the property would make an ideal first-time purchase, buy-to-let investment or affordable home, benefiting from well-proportioned accommodation and strong resale or rental prospects, with a potential rental income of £648.23 per calendar month or £7778.68 per annum (according to current lha rates). Council Tax Band: D.
Powis Terrace enjoys a convenient location with a wide range of local amenities close at hand, including supermarkets, convenience stores, cafes and schooling. The property is also within easy reach of Aberdeen city centre, the University of Aberdeen and Aberdeen Royal Infirmary, making it well suited to students, professionals and commuters alike. Excellent public transport services operate nearby, while the A90 provides
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