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- Call: +44 (0) 161 337 3890
Investment Type: BUY-TO-LET
Est. Completion: OFF-PLAN
Pure Investor are delighted to offer City Point which offers investors the opportunity to earn 11.85% net rental for short-term lets.
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 in an ideal position to take advantage of the ever-growing short-term let market.
Key to the appeal of the new City Point development is the buoyant and rapidly expanding demand for short-term lets in the city. Due to a robust recovery in recent times, Aberdeen is now considered a real investment opportunity due to a number of positive economic factors including the city changing its focus to renewable industries, as well as a shift to other high-value, high-tech sectors.
This has led to a significant level of investment into the city in recent times, with the best example being Shell's recent decision to relocate over 1,000 staff into a new multi-million pound headquarters at the Silver Fin building in Aberdeen city centre. The new Silver Fin HQ will become Shell's headquarters for all North Sea operations for the company, and is likely to result in considerable demand for short-term rental properties in the immediate area.
Fully Managed And 'Hands-Free' Investment
For investors seeking a fully managed solution, investors in the City Point development will be automatically offered access to our complete short-term let management offering. This will ensure the City Point project offers investors a genuine 'hands-free' investment opportunity. Contact us today for a detailed breakdown of short-term let projected occupancy rates and returns.
Purchase Process
Location
Aberdeen, United Kingdom
Price
N/A
Completion
September 2024
Rental Yield
Projected up to 11.85%
Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Chapel Street is situated within an attractive residential location, being located in a City Centre position adjacent to Aberdeen’s West End. The properties in the area have the benefit of having all the amenities associated with the city centre, and enjoy immediate access to leisure, retail, and cultural opportunities.
Local and national restaurants can be found within the vicinity together with bars, cafes and coffee shops. In addition The Music Hall, His Majesty’s Theatre and the Art Gallery are all within easy walking distance along with other live music venues, cinemas and parks. The City’s main shopping centres including Union Square, Bon Accord Centre and St Nicholas Centre are within easy walking distance from Chapel Street, as too are the rail and bus stations.
There are a number of office buildings close by which accommodate a range of businesses including professional services and energy related companies. Shell have recently occupied The Silver Fin building, which is within the immediate vicinity, after the company stated that it wanted to play a large part in the regeneration of Aberdeen centre after the pandemic. It is the convenience of the development location which will appeal to potential residents, from both a leisure and a corporate point of view.
Call our team today on +44 (0) 161 337 3890
For many years, Aberdeen has been associated with offshore oil and gas industries. However, in a world that is seeking have less reliance on fossil fuels and more on renewable energy sources, the city has been making a transition towards renewable energy and carbon-capture. This shift is creating new opportunities for growth that are set to accelerate throughout the 2020s and 2030s as the world’s economies pursue their Net Zero agendas.
For investors, the prospect of more jobs in higher-paying and more ‘future-proof’ industries is important. It helps to increase demand for higher quality accommodation in areas where these industries are booming – which is in short supply in the city – and improves potential tenant's abilities to pay for it.
Another important consideration is the rate at which regeneration projects are progressing in the city. With billions of pounds now being funnelled into Aberdeen, more jobs and the foundations for ongoing growth are beginning to appear within Aberdeen, the city is quickly becoming a promising emerging property investment market within the UK.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.
We look forward to hearing from you!
