Newly refurbished one-bedroom flat with immediate rental income in Aberdeen city centre.
Recently refurbished large one-bedroom flat, ready to let
Home Report valuation £85,000 stated
Currently let at £650 pcm (£7,800 pa)
Sold via timed online auction — purchaser preparation needed
Freehold tenure with secure entry and well-kept communal close
Off-street parking included; some furniture and white goods included
Area classified as deprived; predominately student and commuter neighbourhood
Buyer should verify tenancy status, yield, and auction fees
This newly refurbished one-bedroom flat on Rose Street offers an immediate income stream and strong letting potential in Aberdeen city centre. The property is presented in good decorative order, benefits from double glazing, off-street parking and secure entry, and is being sold with white goods and some furniture as per the inventory — convenient for buy-to-let investors or those seeking a ready-made rental.
Financials are clear: the flat currently produces £650 pcm (£7,800 pa) and the listing cites a Home Report valuation of £85,000. The guide/asking figures and auction setting mean an investor should plan for a competitive purchase process and factor in auction timelines and fees. The vendor states a projected circa 10% yield based on a lower guide price — buyers should verify yield calculations against final purchase price and any outstanding costs.
Location is a major selling point for tenants: central city amenities, public transport and student/commuter demand support easy re-letting. Conversely, the immediate area is classified as deprived and primarily a student and commuter neighbourhood, which can affect long-term tenant mix and resale dynamics. The lot will be offered at timed online auction, so interested buyers should prepare finance and bidding accounts in advance.
Practical positives include recent refurbishment, low maintenance communal areas and good mobile/broadband availability. Material considerations: sale by auction, area deprivation classification, and any tenancy terms should be checked before purchase. Overall this is a straightforward, let-ready flat aimed squarely at investors seeking city-centre rental income with modest management requirements.
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