Union Street, Aberdeen, Aberdeenshire, AB10

**New on the market** Buy to let.

One Bedroom Flat - Prime Aberdeen Location

Current rental - £495 per month

Tenanted property

Potential to generate rental income from day one

Priced 20% below Home Report value

Currently 10.3% gross rental yield

High-Yield Potential: Opportunity to increase rent to the market rate of £600 PCM, achieving a 12.5% gross rental yield.

Bathroom recently renovated, recently painted throughout and a new hot water cylinder installed.

Existing tenant in place.

Buyers premium applies

An excellent opportunity to acquire a spacious one-bedroom flat, occupying the top floor of a four storey traditional granite tenement within in a prime location in Aberdeen.

The flat offers bright, spacious accommodation throughout. A generous lounge, flooded with natural light from three windows and finished with laminate flooring, leads to a well appointed kitchen fitted with a range of base and wall units, an integrated oven, hob and extractor fan, as well as a washing machine and freestanding fridge/freezer. The double bedroom is similarly spacious, featuring carpeted flooring and built-in wardrobes that provide excellent storage. Completing the accommodation is a newly renovated bathroom with a white three-piece suite comprising a bath with shower over, WC and vanity with wash hand basin. To the rear of the building there is private parking for nearby offices and this area is also used by residents for bin storage.
The current landlord has recently upgraded the property with fresh painting throughout, new triple glazed UPVC window in lounge, a new hot water cylinder, and a newly fitted bathroom.

The communal building benefits from a secure entry system. The communal areas are well maintained and factored by Hames Gibb at a cost of £35 per month.

Accomodation comprises:
Spacious lounge (3.94m x 5.72m).
Fully fitted kitchen (2.91m x 1.86m).
Double bedroom with storage (2.83m x 3.30m).
Contemporary recently renovated bathroom (2.61m x 2.13m)

Area information:
Located on the "Granite Mile," Union Street is Aberdeen's main city centre thoroughfare, offering an excellent mix of shops, cafés, restaurants and bars. The area also provides easy access to parks, leisure facilities and regular public transport, making it a highly desirable location for both residents and tenants.

Important:
A buyer's premium fee is payable to Cito Cimo Sourcing Limited upon offer acceptance. This fee is independent of, and in addition to, the final purchase price.

Viewings:
To learn more about this deal and access our comprehensive online viewing folder, including detailed photographs and video footage, please contact us to receive an online link.

Many investors are satisfied with the depth and quality of our visual materials. Should you wish to arrange an in-person viewing, prospective investors are required to complete a vetting process in advance. This ensures that only genuinely interested parties attend viewings, helping to minimise disruption to tenants and allowing for a streamlined tenanted sales process.
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Disclaimer:
These particulars are provided in good faith for information purposes only and do not form part of any offer or contract. Whilst every effort has been made to ensure the accuracy of the information provided, neither Cito Cimo Sourcing Limited nor the Seller guarantees its completeness, correctness, or accuracy. All descriptions, dimensions, measurements, floor areas, photographs and other information are provided for guidance only and should not be relied upon as statements of fact. Measurements may have been taken using a sonic measuring device and are therefore approximate. Any plans provided are indicative only and not to scale.

No warranty or representation is given or implied as to the condition of the property, nor that any services, systems or appliances are in working order or have been tested. Information relating to tenure, occupation, tenancies, fixtures and fittings is provided in good faith and must be verified by the purchaser's solicitors.

Prospective purchasers must satisfy themselves as to the accuracy of all information by inspection and by obtaining independent legal, financial, and professional advice prior to submitting an offer or concluding missives.