Aberdeen 1 Bedroom Flat
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Spread the balance over 75 months.
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No mortgage required.
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No interest payable. ​
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1 bedroom flat.
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Third floor.
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Freehold.
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Price: £67,500
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Payable over 75 months at £900 per month.
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Currently tenanted at £575 per month.
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Could potentially rent for £600 - £700 per month.
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No penalty for paying off the balance early.
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Running the Numbers Example:
Monthly instalment to the seller of £900 minus the current rent of £575 = a current difference of £325 per month.
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If you kept it rented at £575 and never increased the rent during the 75 month term then you would have paid a total of £24,375 (£325 x 75 months) to buy the property from the seller.
This example is based on no void periods and never increasing the rent, obviously you would expect to increase the rent during the term.
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​Location:
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5 minutes to University of Aberdeen
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6 minutes to Aberdeen Royal Infirmary
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8 minutes to Aberdeen International Airport
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10 minutes to Aberdeen Beach
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12 minutes to Robert Gordon University
