7 Burnside Way, Balmeddie, Aberdeenshire, AB23 8XW

• Prime Property Auctions New Entry. Large 5 Bedroom detached bungalow set in beautiful location. *** HOME REPORT VALUATION £360,000 ***
• *** 22a, Burnside Way, Balmedie, Aberdeen, Abn AB23 8XW sold for £460,000 October 2020, 30, Lumsden Way, BalmAedie, Aberdeen, Aberdeenshire AB23 8TS sold for £430,000 May 2019 ***
• GUIDE PRICE £305,000. HUGE DISCOUNT FROM HOME REPORT VALUATION of £360,000 to ensure Auction Sale.
• Seller Open to immediate offers. Contact the team today to make an offer. Sure to appeal to variety of buyers looking for an attractive property with Great Capital Growth Potential.
• Situated in the popular Aberdeen suburb of Balmedie this fantastic 5-bedroom detached bungalow is located in a desirable and popular residential location

 

Prime Property Auctions New Entry. Large 5 Bedroom detached bungalow set in beautiful location. *** HOME REPORT VALUATION £360,000 *** Accommodation comprises a vestibule giving access to the welcoming hallway which boasts three storage cupboards. The impressive lounge has space for a range of free-standing furniture and features a large picture window overlooking the front with a bespoke fireplace adding that touch of grandeur, the lounge is open plan to the formal dining area which in turn allows access to the dining kitchen and the family room with patio doors leading to the conservatory and rear garden.

 

Property is sure to appeal to investors looking for an excellent asset to add to their portfolio. Given the discount the property will offer a fantastic opportunity to implement the BRRR strategy. Excellent capital growth potential with local sales evidence:

*** 22a, Burnside Way, Balmedie, Aberdeen, Abn AB23 8XW sold for £460,000 October 2020, 30, Lumsden Way, Balmedie, Aberdeen, Aberdeenshire AB23 8TS sold for £430,000 May 2019 ***

 

The property may suit use as a serviced accommodation given the highly sought after location. The property would attract a nightly rate of £225 - £275. This would generate a gross monthly income of £4,725 - £5,775 based on 70% occupancy.

Seller Open to immediate offers. Contact the team today to make an offer. Sure to appeal to variety of buyers looking for an attractive property with Great Capital Growth Potential.

 

Incredible yield of 18.5% - 22.7% if achieved at Guide price of £305,000.

Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable property that would suit well for Serviced Accommodation in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.

Property has a Guide price of £305,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location:

Situated in the popular Aberdeen suburb of Balmedie this fantastic 5-bedroom detached bungalow is located in a desirable and popular residential location. Balmedie is a quiet peaceful village with a strong sense of community spirit with a wide range of facilities available, including preschool and primary schooling, a variety of local shops including a small supermarket, post office, and pharmacy along with a sports centre hotel, bars, and a restaurant.