Summary - FLAT, 55, FOREST AVENUE, ABERDEEN AB15 4TU
2 bed 1 bath Flat
Tenanted attic flat with immediate income and refurbishment upside near the University.
Tenanted two-bedroom attic flat generating £7,200 pa rental income
Sold at auction — quick purchase route; auction procedures apply
Located ~13 minutes to University of Aberdeen; strong tenant demand potential
Victorian building with period features; some high ceilings and character
Attic conversion has lower ceilings and compact living space
Deprived local area classification; consider tenant profile and demand
Council tax above average — higher running costs for owner/tenant
Property likely needs modernization to maximise rental/resale value
This tenanted two-bedroom attic flat in Forest Avenue, Aberdeen, offers immediate rental income and clear upside for buy-to-let investors. Currently producing £7,200 per annum at £600 pcm, the property is being sold at auction — a straightforward route for investors seeking a quick purchase and income stream.
Set within a Victorian terrace, the flat has period character and high ceilings in parts, but the attic conversion creates some lower-ceiling rooms and a compact living space. Accommodation as described includes two double bedrooms, a fitted kitchen and a bathroom; photos and description indicate parts will benefit from modernization to maximise rent or resale value.
Location is a principal strength: close to local amenities, schools and around a 13-minute journey to the University of Aberdeen, supporting steady tenant demand. Broadband and mobile signals are strong, and the freehold tenure removes leasehold constraints.
Material considerations are factual and important: the area is classified as deprived and council tax is above average, which can affect tenant profile and running costs. The flat is currently occupied (tenanted) and will be sold at auction — buyers should allow time for auction procedures and tenant-related checks. Potential buyers should budget for refurbishment to unlock higher rents or resale gains.
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