Refurbishment Opportunity for Auction Aberdeen AB25

Auction Date 15 May 2025
Guide Price £48,000
Property Summary

If you’re looking for an exciting refurbishment project in central Aberdeen location then this spacious one bedroom flat could be the perfect project for you. Offering top floor position in a block of six flats, the current owner has undertaken some degree of refurbishment, but additional works are required to add significant value by completion of the project, whether for rental or resale. Rental investors will be drawn to the post works potential rental income of £5,685 per annum (Local Housing Allowance), with greater rent levels possible in the currently strong rental market, but would equally be ideal for those looking to get their first step on the property ladder.

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