Guide price
£48,500
1 bed flat for saleChapel Street, Aberdeen AB10
1 bed
1 bath
1 reception
Auction
About this property
Unique opportunity
Properties with small refresh work are rarely available to auction.
This property has Home Report at £65,000 and is vacant & ready for new owner.
Description
A bright, top‐floor 1‐bedroom flat in the heart of Aberdeen, sold vacant and ready for new owners. Spacious and light‐filled, it offers open‐plan living and effortless commute access. Ideal for first-time buyers or buy-to-let investors seeking a turn‐key opportunity.
Key Features
📍 Location Highlights
Located just steps from Aberdeen's vibrant Union Square, this home offers direct links to shops, cafés, bars, and the train station. University and hospital access are effortless, making it a convenient choice for professionals and students alike.
📈 Investment Potential
Rents 1‐bedroom flats in central Aberdeen average around £550/month to even £650/month
💰 Fantastic Investment Opportunity!
New Guidance Price: £48,500Market Value: £65,000Instant Equity: £16,500 (Over 25% below market value!)
Rental Potential:
Return on Investment (ROI):Enjoy instant capital growth and strong rental returns - a perfect combination for investors seeking high yield and solid long-term value.
Recent Sales Data
The local market shows strong activity and healthy value growth. A nearby 1-bedroom flat on Chapel Street was recently listed at £140,000, demonstrating the demand for quality city-centre properties. In the AB10 1SN postcode, average sale prices sit around £88,500, with recent transactions ranging between £80,000 and £140,000.
Hence, 51A Chapel Street stands out as a well-maintained alternative, offering immediate potential in a prime location with marginal refreshment required.
Who This Is For
Properties with small refresh work are rarely available to auction.
This property has Home Report at £65,000 and is vacant & ready for new owner.
Description
A bright, top‐floor 1‐bedroom flat in the heart of Aberdeen, sold vacant and ready for new owners. Spacious and light‐filled, it offers open‐plan living and effortless commute access. Ideal for first-time buyers or buy-to-let investors seeking a turn‐key opportunity.
Key Features
- Prime city‐centre location - put everything within walking distance.
- Open‐plan lounge with a pass‐through to kitchen- perfect for modern, sociable living.
- Double‐glazed windows & electric fire- cosy winter evenings guaranteed.
- Easy transport access- quick links for commuters.
- Sizable communal garden - private bottom‐floor access for outdoor space.
📍 Location Highlights
Located just steps from Aberdeen's vibrant Union Square, this home offers direct links to shops, cafés, bars, and the train station. University and hospital access are effortless, making it a convenient choice for professionals and students alike.
📈 Investment Potential
Rents 1‐bedroom flats in central Aberdeen average around £550/month to even £650/month
💰 Fantastic Investment Opportunity!
New Guidance Price: £48,500Market Value: £65,000Instant Equity: £16,500 (Over 25% below market value!)
Rental Potential:
At £550/month → £6,600 annual incomeGross Yield: 13.6%
At £650/month → £7,800 annual incomeGross Yield: 16.1%
Return on Investment (ROI):Enjoy instant capital growth and strong rental returns - a perfect combination for investors seeking high yield and solid long-term value.
Recent Sales Data
The local market shows strong activity and healthy value growth. A nearby 1-bedroom flat on Chapel Street was recently listed at £140,000, demonstrating the demand for quality city-centre properties. In the AB10 1SN postcode, average sale prices sit around £88,500, with recent transactions ranging between £80,000 and £140,000.
Hence, 51A Chapel Street stands out as a well-maintained alternative, offering immediate potential in a prime location with marginal refreshment required.
Who This Is For
- First‐time buyers start city‐centre life with a compact, affordable flat in good condition.
- Buy‐to‐let investors reliable rental prospects with a healthy yield in a sought‐after area.
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