PROPERTY OF THE MONTH

This months property is in Aberdeen. 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.

For investors, the prospect of more jobs in higher-paying and more ‘future-proof’ industries is important. It should help to boost demand for higher quality accommodation and, crucially, people’s ability to pay for it. Moreover, billions of pounds are now being funnelled into Aberdeen, creating yet more jobs and creating the foundations for ongoing growth.

Investment Highlights:

• Build Status: September 2024

• Predicted NET Yield - 11.85%

• Prices from £140,000

• 10 Year Build Warranty

• Extremely High Standard Finish Internally

• Apartments: 17x 1Bed, 4x 2Bed. 2x 3Bed

• 5 Parking Spaces Available at £10k each

• Ideal for Short Term Holiday Lets

• 250 Year Lease

• Units Available: 23

• Finance: Yes**

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.

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.