Summary - SECOND FLOOR RIGHT, 49, ASHVALE PLACE AB10 6QJ
1 bed 1 bath Flat
One-bedroom auction lot with sitting tenant and strong rental yield potential.
- Offered at Guide £45,000 with Home Report £75,000
- Currently tenanted at £400pcm; sold with tenant in situ
- Estimated market rent £600–£700pcm (higher yield potential)
- Freehold flat in Georgian townhouse, city-centre location
- Will be sold at timed online auction; bidding account required
- Area classed as very deprived — strong lettings, limited capital uplift
- Total floor area quoted 1,062 sqft; check measurement accuracy
- Immediate cash flow but verify tenancy terms and condition
A compact, city-centre one-bedroom flat offered for auction with a sitting tenant and immediate income. The property is in a traditional Georgian building close to local amenities and transport links, making it straightforward to re-let should the tenant vacate.
Current income is £400pcm (£4,800pa), with estimated market rent of £600–£700pcm (£7,200–£8,400pa). At the advertised guide of £45,000 this produces a strong gross yield profile; buyers should check the exact tenancy terms and condition of the internal fixtures before purchase.
Sold freehold and with a Home Report valuation cited at £75,000, this lot is intended for auction sale. The flat is in a very deprived area classification, which supports rental demand from students and commuters but may affect long-term capital growth compared with more affluent neighbourhoods.
Practical details: open-plan kitchen/living area, one double bedroom, bathroom and entrance hallway. The property will be sold with the tenant in situ, and buyers should allow for standard redecoration or minor updating after purchase. Participation requires an auction bidding account.
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