Apartment Aberdeen, United Kingdom

Portfolio of 3 apartments in Aberdeen, UK. 

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• Spread the balance over 10 years. 

• No mortgage required. 

• No interest payable. 

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Property 1. 

• 1 bedroom flat. 

• Top floor.

• Freehold. 

• Price: £82,000

• Payable over 120 months at £683 per month.

• Currently tenanted at £475 per month. 

Running the Numbers Example:

Monthly instalment to the seller of £683 minus the current rent of £475 = a current difference of £208 per month.

If you kept it rented at £475 and never increased the rent during the 10 year term then you would have paid a total of £25,000 (£208 x 120 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: 

• 5 minutes to University of Aberdeen

• 5 minutes to Aberdeen Royal Infirmary

• 7 minutes to Aberdeen Beach

• 15 minutes to Robert Gordon University

• 18 minutes to Aberdeen International Airport

Property 2. 

• 1 bedroom flat. 

• Ground floor.

• Freehold. 

• Price: £82,000

• Payable over 120 months at £683 per month.

• Currently tenanted at £500 per month. 

Running the Numbers Example:

Monthly instalment to the seller of £683 minus the current rent of £500 = a current difference of £183 per month.

If you kept it rented at £500 and never increased the rent during the 10 year term then you would have paid a total of £21,960 (£183 x 120 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.​​​

​

​Location: 

• 5 minutes to University of Aberdeen

• 7 minutes to Aberdeen Royal Infirmary

• 5 minutes to Aberdeen Beach

• 15 minutes to Robert Gordon University

Property 3. 

• 1 bedroom flat. 

• Top floor.

• Freehold. 

• Price: £82,000

• Payable over 120 months at £683 per month.

• Currently tenanted at £460 per month. 

Running the Numbers Example:

Monthly instalment to the seller of £683 minus the current rent of £460 = a current difference of £223 per month.

If you kept it rented at £460 and never increased the rent during the 10 year term then you would have paid a total of £26,760 (£223 x 120 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: 

• 12 minutes to University of Aberdeen

• 18 minutes to Aberdeen Royal Infirmary

• 10 minutes to Aberdeen Beach

• 15 minutes to Robert Gordon University