Summary - Urquhart Road, Aberdeen, Aberdeenshire, AB24 AB24 5DN
2 bed 3 bath Flat
Income-producing two-bedroom home with garden and strong tenant history.
Long-term tenant in situ with consistent rent payments
Annual gross income £11,400 — approx. 6.7% gross yield
Freehold flat with 775 sq ft internal space
Garden ground area and spacious rooms, modern condition
Three-piece bathroom; well maintained throughout
Located in cosmopolitan student neighbourhood — affects tenant mix
Area classified as very deprived — potential impact on capital growth
Buyers’ premium applies to secure the sale
This two-bedroom freehold flat in AB24 is presented as a buy-to-let opportunity with a long-term tenant in situ. The property is well maintained, offers spacious rooms, a garden ground area and a three-piece bathroom. It sits in a modern stone apartment complex close to local amenities and transport links.
The property currently produces a reported annual gross rental income of £11,400. Based on the asking price of £169,050 this equates to an approximate gross yield of 6.7% — attractive for investors seeking immediate income. Broadband speeds are reported as fast and mobile signal average, supporting tenant requirements.
Notable considerations are plain: the wider area is classified as very deprived and is identified as a cosmopolitan student neighbourhood, which can affect capital growth and tenant mix. A buyers’ premium will apply to secure the sale, and the current tenants have no intention to vacate soon, so any purchaser must accept the tenancy continuing under existing terms.
Overall, the flat suits investors or portfolio buyers seeking steady rental income with minimal immediate refurbishment. The combination of freehold tenure, established rental income and low maintenance condition reduces short-term management risk, while the local area profile should be weighed when assessing long-term prospects.
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