Carmelite Lane, Aberdeen, AB11 6LZ

Tenanted 1 bedroom property in central Aberdeen with 8.8% yield. This buy-to-let investment property comprises a hall with 3 storage cupboards, a bright open plan kitchen living room, a double bedroom, and a bathroom with shower. The property benefits from gas central heating, double glazing, and a city centre location. The property is fully compliant for the rental market with PRT, property inventory, EICR, Gas safety, PAT, and legionella risk assessment. 

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since July 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £7,200. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £70K. The communal areas of the building are managed by Newton Property for approximately £90 per month. The property is located next to the main shopping area of Aberdeen with both Robert Gordon University and the University of Aberdeen within easy access, and a regular bus service is readily available on Union Street.