Summary - Erskine Street, Aberdeen, Aberdeenshire, AB24 AB24 3NP
2 bed 1 bath Flat
Long-standing tenant, immediate income and clear rent uplift potential.
- Long-term sitting tenant delivering immediate rental income
- Current gross rent £6,600pa; market potential ~£7,800pa
- Guide price £60,000; sold freehold
- Traditional Victorian stone building with period features
- Central location with excellent transport and local amenities
- Area classified as deprived — yields may reflect local market
- Buyers Premium applies to complete the purchase
- Property sold with tenant in situ; limited vacant possession likelihood
A ready-made buy-to-let in central Aberdeen, this two-bedroom flat is offered with a long-term tenant in situ, providing immediate rental income. The building is a traditional Victorian stone tenement with high ceilings and period character, positioned close to transport links, shops and city amenities.
Current gross income is £6,600 per year with documented potential to reach around £7,800 at market rent, giving an investor straightforward uplift opportunity. The property is sold freehold at a competitive guide price, making the purchase calculation simple for portfolio buyers or developers seeking central stock.
Important considerations: the property sits in an area classified as deprived and will appeal primarily to investors rather than owner-occupiers. A Buyers Premium applies to the sale, and the sale proceeds with the existing tenancy in place — the tenant does not intend to vacate. Any buyer should review the Let Property Pack and Home Report to confirm condition, service charges (if any), and rental projections before bidding.
Overall this is a practical, low-management addition to an investment portfolio: immediate income, uplift potential, and central location, balanced by tenancy continuity and local area factors that affect long-term positioning.
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