Summary - 10, THE ORCHARD, SPITAL WALK, ABERDEEN AB24 3HN
4 bed 2 bath Terraced
Prime auction opportunity for investors or renovators near universities and amenities.
Vacant 4-bedroom mid-terrace with Home Report at £210,000
This vacant four-bedroom mid-terrace in Aberdeen’s AB24 postcode is offered for auction freehold with a Home Report valuation of £210,000. The traditional layout includes an entrance vestibule, ground-floor living and dining rooms, kitchen, WC, and two shower rooms upstairs alongside a master en-suite and a fourth room suitable as a study or bedroom. The property dates from the mid‑20th century and presents compact room sizes and standard ceiling heights.
The house is presented as a clear short‑term investment opportunity. It is promoted for serviced accommodation with a quoted achievable rate of £210 per night and a projected annual income at 70% occupancy of around £53,655 — subject to obtaining the necessary licence and compliance with local regulations. Alternatively, estimated long‑let rental income is £1,400–£1,500 pcm, implying a gross yield of roughly 9–11% at the guide price.
Important considerations: the property will be sold at auction, so buyers should allow for quick timescales and complete their own due diligence. The surrounding area is described as a student and professional neighbourhood with pockets of deprivation; local amenities and transport links are close by. The exterior is pebble-dash and internal room proportions are compact, so refurbishment or modernisation may be needed to maximise serviced‑accommodation earnings or long‑term capital growth.
This lot will suit investors seeking short‑term letting potential or landlords targeting strong rental returns, and may also appeal to buyers after a family home in a convenient city location prepared for updating. Budget for upgrade works, licence costs for short‑term lets, and factor in auction purchase conditions before bidding.
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