Important Notice - Coronavirus (COVID-19)
  • For Sale By Conditional Online Auction
  • Guide Price* : £67,500
  • Auction Ended 17/12/2020

Flat B Oldmill Court, 28 Marywell Street, Aberdeen, AB11 6JR

FOR SALE VIA NATIONAL ONLINE AUCTION, BIDDING OPENS TUESDAY 15TH DECEMBER AT 12 NOON AND CLOSES THURSDAY 17TH DECEMBER AT 12 NOON. REGISTER TO BID!

Location

Marywell Street lies within walking distance of both Aberdeen city centre and Union Square shopping centre making a full range of retail and leisure facilities readily available. Primary, secondary and university education are all available and road and public transport links are also easily accessible.

Description

We are delighted to offer to auction this two bedroom ground floor flat enjoying convenient location within walking distance of both Aberdeen city centre and Union Square shopping centre. The bright and spacious accommodation comprises front facing lounge, dining kitchen, two double bedrooms, and recently upgraded bathroom. The property benefits from gas central heating, double glazing and communal outside space. The property may benefit from some upgrade and modernisation which offers a great opportunity to add value. The competitive Guide Price offers a discount of more than 30% against Home Report and a potential rental yield of 10.5% which makes this an ideal starter flat or profitable addition to a buy to let portfolio.

We expect strong levels of demand and recommend early viewing to avoid missing out.

Home Report £100,000
Outstanding 30% discount against Home Report
Great potential rental yield of more than 10% at current Guide Price
Opportunity to add value through upgrade
Ideal for rental or owner occupier
Convenient central Aberdeen location
Potential rental value £593.36 at LHA Rates / £7,120pa

Comparables

Marywell Street Sold for £75,000 11/19
Marywell Street Sold for £73,000 10/19
Flat D, Oldmill Court sold for £80,000 07/19

Administration Charge

Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Log in to view your status

Sold subject to contract for £74,000

This auction is now closed.

Ended on

Connecting to server...

* Guide | £67,500
  • Flat
  • 2 Bedrooms
  • Conditional (Flexible Exchange)

Call the team on 0141 339 4466 for more information

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.