For Sale By Auction | 17 December 2020 | Lot 4

Flat B Oldmill Court, 28 Marywell Street, Aberdeen

Sold £74,000

  • Property For Sale

Call the team on 0141 339 4466 for more information

Auction Closed

Viewing Times

Please call Auction House Scotland on 0141 339 4466 to arrange a viewing

We are delighted to offer to auction this two bedroom ground floor flat enjoying convenient location within walking distance of both Aberdeen city centre and Union Square shopping centre. The bright and spacious accommodation comprises front facing lounge, dining kitchen, two double bedrooms, and recently upgraded bathroom. The property benefits from gas central heating, double glazing and communal outside space. The property may benefit from some upgrade and modernisation which offers a great opportunity to add value. The competitive Guide Price offers a discount of more than 30% against Home Report and a potential rental yield of 10.5% which makes this an ideal starter flat or profitable addition to a buy to let portfolio. We expect strong levels of demand and recommend early viewing to avoid missing out. Home Report £100,000 Outstanding 30% discount against Home Report Great potential rental yield of more than 10% at current Guide Price Opportunity to add value through upgrade Ideal for rental or owner occupier Convenient central Aberdeen location Potential rental value £593.36 at LHA Rates / £7,120pa Comparables Marywell Street Sold for £75,000 11/19 Marywell Street Sold for £73,000 10/19 Flat D, Oldmill Court sold for £80,000 07/19

Location

Marywell Street lies within walking distance of both Aberdeen city centre and Union Square shopping centre making a full range of retail and leisure facilities readily available. Primary, secondary and university education are all available and road and public transport links are also easily accessible.

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

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