Tenanted investment opportunity in the heart of Aberdeen

We are delighted to bring to auction this one bedroom top floor flat on Union Grove, within walking distance of the city centre and all its amenities. The accommodation is accessed by secure common entry and comprises a top floor flat with one spacious double bedroom, modern kitchen and dining space and shower room. The property benefits from a gas central heating and common gardens to the rear. The current tenant is paying £525PCM (£6300 P/A) and if purchased at the guide price would yield at 11.4%. To ensure you do not miss out on this opportunity early viewing is highly recommended. Council Tax Band A. This property is part of a portfolio which includes 6 Farmers Hall, AB25 1XF TFL 198 Union Grove, AB10 6SR 7F Crimon Place, AB10 1RX 89 Virginia Street, AB11 5AX

Tenure

Freehold

Area

Union Grove is a very popular residential street which extends from the cities Holburn Street and is situated to the west of the City Centre. Regular public transport is available nearby linking the property to many parts of the town and the Aberdeen ring road is nearby making travelling north or south of the city relatively easy. Easily commuting to Aberdeen Royal Infirmary. Locally there are excellent local amenities and Union Street with the city's wealth of amenities is within easy walking distance and accordingly a wide range of pubs, clubs, restaurants and leisure facilities are all close to hand.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Aberdeen City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.