Flat B, 58 Erroll Street Aberdeen AB24 5PP

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Aberdeen.
- Sales Evidence: **Flat G, 44, Erroll Street, Aberdeen AB24 5PP sold for £150,000; Flat E, 44, Erroll Street, Aberdeen AB24 5PP sold for £130,000; Flat F, 42, Erroll Street, Aberdeen AB24 5PP sold f
- This vacant property offers a potential rental income of £900 per month (£10,800 per annum) based on current market rates.
- A superb opportunity for a shrewd investor seeking a BRRRR project with exciting scope to add value and benefit from future uplift.
- Set in a prime location near transport links and amenities, this flat suits owner-occupiers, students and buyers keen to personalise a home.
Description
- PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Aberdeen.
- Sales Evidence: **Flat G, 44, Erroll Street, Aberdeen AB24 5PP sold for £150,000; Flat E, 44, Erroll Street, Aberdeen AB24 5PP sold for £130,000; Flat F, 42, Erroll Street, Aberdeen AB24 5PP sold for £135,000**
- This vacant property offers a potential rental income of £900 per month (£10,800 per annum) based on current market rates.
- A superb opportunity for a shrewd investor seeking a BRRRR project with exciting scope to add value and benefit from future uplift.
- Set in a prime location near transport links and amenities, this flat suits owner-occupiers, students and buyers keen to personalise a home.
PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Aberdeen.
The property comprises a welcoming entrance hall, two well-proportioned bedrooms, one bathroom, a bright living room and a kitchen, with ample storage throughout adding to the practicality of the accommodation.
As the property is currently vacant, it offers a potential rental income of £900 per month (£10,800 per annum) based on current market rates. This creates an excellent opportunity for buy-to-let landlords seeking a readily lettable asset, while also appealing to first-time buyers, students, downsizers or owner-occupiers looking for a home that is ready for new owners or tenants to move into.
This property is a perfect opportunity for a shrewd investor looking for the next BRRRR opportunity, with amazing potential to add value and benefit later. With the right programme of improvements, there is clear scope to enhance the accommodation and unlock further appeal.
This property is in a prime location with excellent transport links and local amenities, making it a can't-miss opportunity for an owner-occupier or young student looking to get on the property ladder. It also offers plenty of potential for personalisation, allowing buyers to tailor the space to their own tastes and requirements.
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The average monthly factoring fee is approximately £38.00, helping to keep ongoing property management costs at an attractive level.
Excellent sales evidence in the area: **Flat G, 44, Erroll Street, Aberdeen AB24 5PP sold for £150,000; Flat E, 44, Erroll Street, Aberdeen AB24 5PP sold for £130,000; Flat F, 42, Erroll Street, Aberdeen AB24 5PP sold for £135,000**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Aberdeen is a vibrant and well-connected city that continues to attract a wide range of buyers and tenants, from professionals and students to families and downsizers. The area offers an excellent selection of everyday amenities including shops, supermarkets, cafés and leisure facilities, along with easy access to green spaces and parks for outdoor enjoyment. Public transport links are strong, making travel across the city simple, while major road connections provide convenient routes further afield. With its mix of urban convenience, coastal character and steady residential demand, Aberdeen remains a highly appealing place to live and invest.
- 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.
- Band: C
- 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.
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- 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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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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