Auction House / Scotland
  • For Sale By Unconditional Online Auction
  • Guide Price* : £850,000
  • Auction Ended 23/01/2024
  • Lot 46

48 Nelson Street, Aberdeen, Aberdeen City, AB24 5ES

For Sale via National Online Auction. Register to Bid!

Location

Nelson Street is located just off King Street, which is one of the main arterial routes to the City and the property is situated in a location which is well served by local shops and public transport facilities while also being within a short walk of the University of Aberdeen Campus and the City Centre. The location also offers easy access to most parts of the City by the main arterial route and the location is extremely convenient for Aberdeen Beach with its many recreational attractions.

Description

Turnkey tenanted portfolio on Nelson Street, Aberdeen
New to auction is this superb opportunity to acquire a modern block of tenanted properties on Nelson Street, Aberdeen. The portfolio comprises of nine tenanted and furnished to a high standard two bedroom flats. Each of which comprise of an entrance hallway, bright and airy lounge, kitchen with a range of fitted wall and base units, three piece bathroom suite with shower over bath and two bedrooms with excellent storage options. The building also benefits from secure communal entrance, CCTV in common spaces, gas central heating throughout and drying green. All flats are completely compliant to rental standards. All of the properties are currently occupied and have an annual rental income of £81,600 and if purchased at the Guide Price would yield at 9.5%. The property has been maintained to a high standard and is an incredible opportunity, early expression of interest is recommended.

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

A non-refundable charge of 3.6% including VAT subject to a minimum fee of £3,600.00 including VAT payable on the fall of the Virtual Gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £850,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Unconditional Sale Terms & Conditions
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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.