2 Bed Terraced House, Single Let, Aberdeen, AB22 8GF, £118,000

237 Lee Crescent North, Bridge of Don, Aberdeen, AB22, AB22 8GF - 2 views - 2 months ago

BTL
ROI: 5%
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£80K - £200K

 

 

Square Metres

~68.11 m²

Value Estimate

£105,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,500

Stamp Duty & Legal Fees

£4,740

Total Cash In

£34,240

 

 

Cash Out

 

Rent Range

£640 - £1,733

Rent Estimate

£662

Running Costs/mo

£521

Cashflow/mo

£141

Cashflow/yr

£1,690

ROI

5%

Gross Yield

7%

Local Sold Prices

14 sold prices from £80K to £200K, average is £140.3K.

PriceDateDistanceAddressBeds 
£155K04/240.29 mi44, Ashwood Crescent, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8XF2
£166K02/240.49 mi93, Woodcroft Avenue, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8DW2
£183K04/240.5 mi3, Whitestripes Place, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8WA2
£168K06/240.7 mi179, Jesmond Avenue, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8UH2
£100K06/241.77 mi2, Anderson Avenue, Aberdeen, Aberdeenshire AB24 4HN2
£115K01/241.87 mi105, Manor Avenue, Aberdeen, Aberdeenshire AB16 7UT2
£145K02/242.02 mi25, Stoneywood Road, Bucksburn, Aberdeen, Aberdeenshire AB21 9HT2
£200K02/242.08 mi90, Hilton Place, Aberdeen, Aberdeenshire AB24 4QY2
£190K08/242.35 mi85, Bedford Road, Aberdeen, Abn AB24 3LN2
£135.5K05/242.45 mi87, Long Walk Road, Aberdeen, Aberdeenshire AB16 5QQ2
£110K05/242.61 mi59, Invercauld Road, Aberdeen, Aberdeenshire AB16 5TY2
£80K07/242.65 mi53, Invercauld Gardens, Aberdeen, Aberdeenshire AB16 5RR2
£105K06/242.8 mi7, Dykeside Way, Bucksburn, Aberdeen, Aberdeenshire AB21 9WE2
£105K03/242.9 mi6, Gillahill Road, Aberdeen, Abn AB16 6XN2

Local Rents

22 rents from £640/mo to £1.7K/mo, average is £785/mo.

RentDateDistanceAddressBeds 
£79512/240.09 miLee Crescent North, Bridge of Don, AB222
£82511/240.24 mi-2
£1,73301/250.24 mi-2
£85007/240.24 mi-2
£79912/240.24 mi-2
£1,00012/240.4 miLaverock Braes Drive, Aberdeen2
£90012/240.45 miAshwood Road, Aberdeen, AB222
£69512/240.78 miFairview Parade, Bridge of Don, AB222
£70012/240.78 miFairview Parade, Bridge of Don, AB222
£66203/250.9 mi-2
£1,10003/250.92 mi-2
£64011/240.93 mi-2
£66203/250.93 mi-2
£97505/240.94 mi-2
£1,10008/240.94 mi-2
£75006/240.96 mi-2
£70004/240.98 mi-2
£77512/240.99 miBalgownie View, Aberdeen, Aberdeen2
£70009/241.03 mi-2
£97004/251.19 mi-2
£75012/241.23 miLadeside, Grandholm Crescent, Aberdeen, Aberdeen2
£75012/241.23 miMillbank View, Aberdeen2

Local Area Statistics

 

 

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+4%

Property History

Listed for £118,000

February 20, 2025

Floor Plans

Description

  • Mid Terrace Home with Front and Rear Garden +
  • Allocated Parking Space +
  • Two Double Bedrooms +
  • Freshly Decorated +
  • Short Walk to Amenities +
  • 10 Minute Commute to City Centre +

Northwood are delighted to offer for sale this mid-terrace home in a quiet cul-de-sac in the popular suburb of Bridge of Don. The property has been freshly decorated and is in ready to move in condition and would be a perfect purchase for first time buyers, those looking to downsize or as a buy to let opportunity.  This well presented mid terrace home measures 53m2 and comprises: entrance vestibule, south facing lounge and fully fitted kitchen with door to the rear garden. The upper floor has two double bedrooms, one with large mirrored fitted wardrobe and a neutral bathroom with shower over bath.  The property benefits from gas central heating, double glazing and there is an allocated parking space to the front of the property plus additional on street parking for visitors.  Bridge of Don is a popular area with great transport links to the City Centre and is a short commute to nearby Industrial estates. There are also a wealth of shops and supermarkets including Asda Bridge of Don, Tesco Danestone and Bridge of Don Retail Park. Both Primary and Secondary schools are also a short distance away. There is also a range of recreational facilities including a swimming pool, playing fields, an eighteen hole golf course and lovely walks at the Scotstown Moor and Westfield Park. The property is only a short distance to the AWPR providing easy access north and south of the city. Please note: The home report is available to view on the Northwood website portal (within the listing, under the documents section). Viewings are highly recommended to appreciate this well presented home providing easy access to local amenities. Please contact Northwood Aberdeen to arrange a viewing. EPC rating: C. Tenure: Freehold,

Agent Details

Northwood, Aberdeen

01224 218450

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪