For Sale By Auction | 14:00, 29 November 2018

130, Great Northern Road, Aberdeen, AB24 2BE

*Guide | £230,000+ (plus fees)

  • House of Multiple Occupation
  • 5 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

Five bedroom

This superbly presented five bedroom property with an HMO licence and enjoys prime location only 0.5 miles from The University of Aberdeen Old Aberdeen Campus and approximately 2.5 miles from Aberdeen city centre. In addition to the five bedrooms the accommodation, over two levels, also includes one shower room, three en-suite and communal lounge/kitchen. Enclosed gardens are to the rear of the property and there is also a driveway with space for two cars. A realistic HMO rental in the area is currently £400 per room per month and the owners are also offering an additional rent underwrite that will guarantee rental payments of £400 per room per month for two bedrooms for up to twelve months after completion of sale (please refer to additional rent guarantee document for full details). At full occupancy, the estimated rental yield would be 9%. This property can be purchased individually but can also be purchased as part of a three-property portfolio including 66 Tillydrone Avenue, AB10 7HS (six bedroom HMO) and 39 Garthdee Drive, AB10 7HS (six bedroom HMO).

Tenure

Freehold

Ideal location near to University of Aberdeen

Rent guarantee available

Excellent condition

Available as part of a portfolio

Portfolio of 3 available at a Guide Price of £728,000+

Area

Aberdeen provides all the leisure, recreational, shopping, entertainment and cultural facilities expected of the energy capital of Europe, with an airport situated to the north of the city which has an extensive range of domestic and international flights. Aberdeen benefits from an ever-expanding range of domestic and European flights. There are also regular inter-city services from the city's railway station. Aberdeen provides considerable choice of educational facilities with a number of private schools, two universities and several colleges for further education.

Local Authority

Aberdeen City Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

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