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Eight Property Investment Portfolio, Aberdeen, AB24 3NR

Key features

  • Investment Opportunity
  • 8 Property Portfolio (7 let)
  • Annual Income Approx £52,200

Description

An exciting investment opportunity has arisen to acquire an established portfolio of 8 flats all in close proximity to Aberdeen University.  Seven of the eight flats are currently tenanted, generating an annual income of around £52,200 at full occupancy.  There is scope to materially increase the rents  on the portfolio. All flats are presented in good order and can be viewed at a buyer's request.

53 Erskine Street, Aberdeen, AB24 3NR

Currently let at £500 pcm 1 bed flat

 

49 Erskine Street, Aberdeen, AB24 3NR

Currently let at £405 pcm 1 bed flat

 

44 Elmbank Terrace, Aberdeen, AB24 3NN

Previously let at £1,000 pcm 3 bed flat. Vacant. HMO.

 

28 Merkland Road East, Aberdeen, AB24 5PT

Currently let at £450 pcm 1 bed flat

 

20 Orchard Street, Aberdeen, AB24 3DL

Currently let at £475 pcm 1 bed flat

 

1 Erskine Street, Aberdeen, AB24 3NP

Currently let tat £500 pcm 1 bed flat

 

39 Erskine Street, Aberdeen, AB24 3NR

Currently let at £500 pcm 1 bed flat

 

33 Erskine Street, Aberdeen, AB24 3NP

Currently let £520 pcm 1 bed flat

Aberdeen is a city in the north-east of Scotland and is often known as the “Granite City” because many of its buildings were constructed using locally quarried grey granite. Located on the North Sea coast, Aberdeen has a rich maritime history and has long been an important centre for fishing, shipbuilding, and trade. In the late twentieth century, the discovery of North Sea oil transformed the city into a major hub for the energy industry, bringing economic growth and international investment.  The city is home to the historic University of Aberdeen, one of the oldest universities in the English-speaking world. Aberdeen also offers a variety of cultural attractions, including museums, galleries, parks, and theatres. Its sandy beach and nearby countryside provide opportunities for outdoor recreation. Today, Aberdeen combines its historic heritage with modern industry and innovation, making it one of Scotland's most important and dynamic cities.

VIEWING: Strictly by appointment with Geo & Jas Oliver WS.

FIXTURES & FITTINGS: Included in the sale are all carpets, lighting and bathroom fittings.

HOME REPORT: As the properties are being sold as a portfolio, there is no requirement to provide a home report.

EPC: Available up on request

VIEWING: By appointment with Geo and Jas Oliver W.S.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Eight Property Investment Portfolio, Aberdeen, AB24 3NR

Approximate location

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Affordability

Monthly repayments£3,009
Property: £ 600,000
Deposit: £ 60,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Geo & Jas Oliver, W.S, Hawick

13 High Street, Hawick, TD9 9DH

Hawick Solicitors, Notaries and Estate Agents, providing sound legal advice and successful Estate Agency services for over 150 years.

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Disclaimer - Property reference 21346. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Geo & Jas Oliver, W.S, Hawick. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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