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One-bedroom modern flat in prime location

Aberdeen, AB11 - Get Access

1 bed 1 bath

Description

This modern one-bedroom flat is situated within a prime location in Aberdeen, offering an excellent investment or residential opportunity. The accommodation comprises an entrance hallway, living room, kitchen, bathroom, and a spacious double bedroom, complemented by ample storage throughout. Comparable sales in the area include 23 Regent Quay (previously sold for £66,000) and 6 Carmelite Lane (previously sold for £60,000). For rental purposes, the property could potentially attract £550 to £650 per month (£6,600 to £7,800 per annum), demonstrating strong yield potential. The property is conveniently located close to local schools and amenities, approximately 11 minutes from the University of Aberdeen, 14 minutes from Aberdeen Royal Infirmary, and 8 minutes from Aberdeen Train Station. Aberdeen is a vibrant city known for its rich history, stunning architecture, and bustling cultural scene. With excellent transport links and a wealth of amenities, including shopping centres, restaurants, and educational institutions, it is a highly desirable location for residents and investors alike.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 500 sq ft

Valuing this modern one-bedroom flat involved examining direct transactional evidence from the immediate Regent Quay area and same-building sales. The property features a functional layout spanning approximately 500 square feet and presents in fair overall condition with some dated elements requiring attention. Market evidence from nearby flats provided a solid baseline price-per-square-foot benchmark to determine an accurate market value.

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