Summary - SECOND FLOOR LEFT, 32, HOLLYBANK PLACE AB11 6XS
1 bed 1 bath Flat
High-yield studio near Aberdeen universities — needs refurbishment, strong rental income potential.
Freehold studio/one-bedroom flat in Holburn, Aberdeen
A compact freehold studio/one-bedroom flat in Holburn, Aberdeen, offered at a significant discount to the home report value. The property is marketed as an investment with a reported net rental yield of around 14% and an estimated market rent of £750–£800 pcm, making it attractive for buy-to-let purchasers seeking immediate income. Fast broadband and excellent mobile signal help let the flat to students or short-term tenants.
The building is a Victorian granite terrace with period street appeal, while the flat itself is a small, post‑war utilitarian room in basic condition. The accommodation receives natural light but will need cosmetic updating and possible refurbishment to reach modern rental standards — carpets, tiles and general redecoration are required. Buyers should budget for renovation costs.
Location is a strong selling point: close to Aberdeen city centre, within easy walking distance of rail links and near several universities and colleges, which supports student demand. However, the surrounding area is classed as very deprived, which can mean higher tenant turnover, lower long‑term capital growth prospects and increased management demands. No flood risk is recorded.
Overall this is a clear short‑term income opportunity for an investor or landlord willing to invest in refurbishment. It suits those targeting student lets or affordable city-centre rentals, provided they accept the neighbourhood challenges and the need for some works.
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