Summary - 42, PROVOST FRASER DRIVE, ABERDEEN AB16 5LN
2 bed 1 bath Terraced
Two-bed terraced home with strong rental potential, auction sale in popular AB16 location.
Freehold mid-terrace with two large double bedrooms
Estimated rent £895–£950 pcm (approx. £10,740–£11,400 pa)
Potential HMO conversion subject to licensing and permissions
Sold at auction — sale likely to proceed quickly
Requires cosmetic and possible deeper refurbishment
Large rear garden with shed and off-street parking
Close to Aberdeen University — strong student demand potential
Area classed very deprived; tenant profile may be challenging
This two-bedroom mid-terrace on Provost Fraser Drive is offered for auction at an entry price that reflects clear upside for investors and buyers prepared to refurbish. The freehold house includes a living room, kitchen/dining area, two large double bedrooms, attic storage, off-street parking and a substantial rear garden with shed. Double glazing and good mobile/broadband connectivity are already in place.
Projected rents are estimated at £895–£950 pcm, giving strong yield potential at the guide price — and local sales comparables suggest room for capital growth. The property could also be converted to an HMO subject to the necessary licensing and planning permissions, which would increase income but requires formal approvals.
Buyers should note material negatives plainly: the area is classified as very deprived with ‘hard pressed rented terraces’ and ‘challenged’ local communities, which can affect demand and tenant profiles. The house is sold at auction and will likely need cosmetic and possibly deeper refurbishment to reach full market rental or owner-occupier standards.
This is a practical opportunity for an investor or hands-on buyer seeking a low-entry property with immediate let-ready potential after improvement, or for someone aiming to add value through renovation and/or licenced HMO conversion.
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