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City Point - Aberdeen
Buy To Let Property, Ideally located in Aberdeen’s West End, City Centre.
Chapel Street, Aberdeen - AB10 1SQ
Predicted NET Yield - 11.85%
Prices From: £140,000
Build Status: September 2024
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* Images purely for illustrative purposes and may not be the actual apartment for sale.
Investment Highlights
| 10 Year Build Warranty |
| Extremely High Standard Finish Internally |
| 23 Apartments: 17x 1Bed, 4x 2Bed. 2x 3Bed |
| 5 Parking Spaces Available at £10k each |
| Ideal for Short Term Holiday Lets |
| 250 Year Lease |
| Prices From | £140,000 |
| Build Completion | Sept 2024 |
| Units Available | 23 |
| Predicted NET Yield | 11.85%* |
| Finance | Yes** |
| Rental Guarantee | No |
** The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase. Please read the FAQs above for more information.
City Point is ideally located within a City Centre location adjacent to Aberdeen’s West End. The properties in the area have the benefit of having access to all the amenities associated with the city centre, and enjoy immediate access to leisure, retail, and cultural opportunities. The properties are an ideal position to take advantage of the ever-growing short term let market.
Management Company – Residential Estates
We will be managing the apartments ourselves for all those investors that wish to use us. We have over 12 years of experience in the holiday/short term let market and are excited to take on this scheme. We will be working with businesses and leisure facilities to ensure occupancy and nightly rates remain high there.
Prices From: £140,000
Location: Aberdeen
New investment and regeneration is having a transformative effect on Aberdeen. Tens of thousands of new jobs are being created as the city begins to take a leading role on the shift towards renewables, and thousands more will be generated by organic growth in other local industries.
Invest Aberdeen writes that “more than £12 billion of public and private infrastructure investment is due to be delivered over the next decade.”
Some notable schemes are listed below:
Transport improvements (Aberdeenshire)
£4.5 billion
City Centre Masterplan
£1 billion
Aberdeen City Region Deal
£250m capital funding
£868m leveraged investments
Aberdeen Harbour Expansion
£400m
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About The Developer:
The Ladson Group is a fully experienced developer that have completed both large-scale commercial projects and residential projects. Most notably like City Lofts was that of City Suites in Chester that was also a conversion of 21 apartments and is now fully operational as short term lets.
The Ladson Group was founded in 1980 and we are a privately owned investment property development company. Based in South Manchester, our aim is to provide the highest standard of accommodation both in the student and residential sector throughout the UK.
Our passion, expertise and vision in the construction industry enables us to gain advantage in selecting the right property or parcel of land to develop in the most efficient and attractive manner.
Other Ladson Group Projects:
Enquire About This Investment
Complete The Form Below To Receive The Brochure & Book Your Free, No Obligation Consultation Call