Summary - FLAT, 55, FOREST AVENUE, ABERDEEN AB15 4TU
2 bed 1 bath Flat
Income-producing Victorian flat with refurbishment upside near university.
Tenanted at £600 pcm generating £7,200 pa rental income
Freehold attic flat in Victorian terrace with period features
Being sold at auction; offered with tenancy in place
13-minute journey to University of Aberdeen; good tenant demand
Attic conversion: some rooms have low ceilings and are small
Requires modernization and refurbishment to increase value
Council tax above average; area classified as deprived
Fast broadband and excellent mobile signal; garden present
A tenanted two-bedroom flat in a Victorian terrace, offered at auction and marketed to buy-to-let investors. The property is freehold and currently produces £600 pcm (£7,200 pa), providing immediate rental income from day one. Its location is convenient for local amenities and is a 13-minute journey to the University of Aberdeen, supporting strong tenant demand.
The flat occupies an attic conversion with period features and traditional high ceilings in parts of the building, but some rooms have low ceilings and will need modernization. The accommodation includes two double bedrooms, a living room, kitchen and bathroom, with potential to improve layouts or finishes to increase rent and capital value. Broadband speeds are fast and mobile signal is excellent, which is attractive to students and professionals.
Buyers should note this will be sold at auction and is offered tenanted. The area is classified as deprived and council tax is above average — both factors to weigh when forecasting future yields and capital growth. The property requires some refurbishment and internal works to maximise its potential; such investment underpins the upside for a hands-on investor.
Overall, this lot suits a buyer seeking an immediate income-producing asset with clear scope for value-add refurbishment in a well-connected Aberdeen location. The sale price reflects an opportunity for those prepared to manage upgrading and tenancy continuity.
2 bedroom flat for sale in 71 Stanley Street, Aberdeen, AB10 6UT, AB10 — £159,000 • 2 bed • 1 bath
2 bedroom flat for sale in 43e Jute Street, Aberdeen, AB24 3EX, AB24 — £60,000 • 2 bed • 1 bath
2 bedroom flat for sale in 20c Kintore Place, Aberdeenshire, AB25 2TJ, AB25 — £90,000 • 2 bed • 1 bath
2 bedroom flat for sale in Flat E, Second Floor Right, 240 King Street, Aberdeen, AB24 5BW, AB24 — £75,000 • 2 bed • 1 bath
1 bedroom flat for sale in 49 Ashvale Place, Ground Floor Left, Aberdeen, AB10 6QJ, AB10 — £35,000 • 1 bed • 1 bath • 1062 ft²
1 bedroom flat for sale in 181 Spring Garden, Aberdeen, AB25 1DG, AB25 — £60,000 • 1 bed • 1 bath
