Flat for sale in Millside Terrace, Aberdeen, Aberdeen City AB14

£75,000
Interested in this property? Call +44 161 506 6169 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1 EPC Rating: C EPC Rating: C

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Unmissable investment opportunity
  • Generate a 9.75% net return
  • No service charge or ground rent to pay
  • Ground floor apartment
  • Two bedrooms
  • Entirely well presented
  • Tenant in situ
  • Parking
  • Close to the city centre
  • Don't miss out and enquire today

Property description

Millside Terrace, Aberdeen, Aberdeen City, Ab14 0Wd

Add this wonderful ready-made investment to your portfolio and generate an impressive 9.75% net return from completion. Benefiting from a freehold tenure, with no service charge or ground rent to pay and an incredible return on investment this property is sure to not be available for long so don’t miss out and enquire today to discuss further with our property consultants.

Millside Terrace is a well-presented ground floor apartment redecorated earlier this year and forming part of a small four-storey block of eight properties. The accommodation consists of entrance hallway; spacious living area with two double-glazed windows with lovely views of surrounding greenery; two well-proportioned bedrooms; modern fully-fitted kitchen diner and family bathroom. The property further benefits from parking and comes with white goods and living room furniture included. It has been maintained to the highest of standards including Interlinked Fire and Smoke Alarms as per Scottish Government rental Regulations and an Electrical System which was upgraded in May 2024.

Abderdeen’s vibrant and modern city centre can be reached in less than 20 minutes and offers a great range of shops, leisure and educational facilities and is ideal for those commuting to the centre. Aberdeen is already an excellent place to live, work and visit however planned investment projects mean that now is the perfect opportunity to invest in property there. Over £4.5 billion is being invested in transport links, £350 million is being spent to expand the harbour and more than £868 million has been invested in the region’s economic future. Don’t miss out and enquire today to find out more about these incredible investment opportunities.

Financial Breakdown

Gross Rent: £7,800.00
Net income: £7,800.00
Gross yield: 10.4%
Net yield: 10.4%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07803

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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