Summary - 118, PENNAN ROAD, ABERDEEN AB24 2UE
2 bed 1 bath Flat
**Standout Features:**
- **Prime Buy-to-Let Location**: Located in vibrant Aberdeen with strong rental demand.
- **Exceptional Yield Potential**: Projected rental income of £600 - £750 pcm offers a gross yield of 13% based on a guide price of £70,000.
- **Recent Sales Evidence**: Similar properties in the area previously sold for £85,000 and £88,000.
- **Two Large Bedrooms**: Spacious layout appealing for families or professionals.
- **Modern Living Space**: Bright, contemporary living room and standard ceiling height throughout.
- **Chain Free**: Immediate possession possible, enhancing investment appeal.
- **Good Connectivity**: Easy access to transport links and nearby amenities.
**Notable Concerns:**
- **Area Classification**: Local classification indicates high deprivation levels.
- **Maintenance Needs**: Potential investors should assess the property for updates and repairs.
This impressive 2-bedroom flat presents a lucrative investment opportunity in the heart of Aberdeen, known for its strong rental market and robust economic base. With a guide price of £70,000 and a home report value of £77,000, this property offers exceptional potential for capital growth and high rental return. The area boasts an array of local amenities including schools, parks, and transport links, perfect for families or professionals seeking convenience.
Although the property is located in a region classified as having high deprivation levels, its desirable features and prime location offer a unique opportunity for investors looking to capitalize on the area's growth and demand. Don't miss the chance to own this easily lettable flat that promises both comfort and investment potential. Act now to secure your bid—this opportunity won't last long!
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