Prime Property Auctions (Scotland) Ltd says ..

Property Oracle says ..

This one-bedroom flat in Aberdeen is listed at £50,000, presented as a ‘walk-in ready’ investment opportunity. Located on Victoria Road in the Torry/Ferryhill area, the property benefits from relatively close proximity to Aberdeen’s ScotRail station. The interior of the flat appears to have been recently renovated, with modern fixtures and fittings in the kitchen and bathroom. The photos suggest a clean and updated space, but a lack of detail means structural details and other aspects are not clearly visible. Although the images showcase a modern interior, the provided information doesn’t clarify whether there are any outstanding maintenance issues or structural defects. The flat is situated within a terrace of similar properties, as evidenced by the exterior photographs, offering a sense of community. However, Torry/Ferryhill’s location relative to Aberdeen’s city center and other amenities needs to be considered. In addition, the property’s plot size is recorded as 0.00 sqft, and further information about the external area is limited to a shared back yard. Overall, the property presents itself as a potentially viable investment opportunity, or suitable for first-time buyers, albeit in a less central location within Aberdeen. The price appears to align with similar recently sold properties in the area, further indicating the price is reasonable. Due to the available data, a full assessment of the long-term investment potential is difficult. More information on the property’s specific features and the area itself is highly desirable to provide a more complete appraisal.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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