- Top-floor one-bedroom flat in Victorian tenement
- Walking distance to Aberdeen city centre and universities
- Potential rental circa £550 pcm (reported)
- Sold at auction; buyer to verify tenure and legal title
- Requires modernisation; described as a fixer-upper
- Located in a very deprived area — factor lettability risks
- Excellent mobile signal and fast broadband
- Shared/communal period garden to the rear
Top-floor one-bedroom apartment in a Victorian tenement, positioned within walking distance of Aberdeen city centre and its universities. The flat has a practical layout — entrance hall, lounge, kitchen, bedroom and bathroom — and benefits from excellent mobile signal and fast broadband, making it suitable for city professionals or students.
This lot is being sold at auction with an indicative guide price of £28,000 and a reported potential rental of around £550 pcm, indicating a high gross yield if purchased at guide. The property would suit an investor seeking a low-entry buy-to-let in a well-served urban location or a buyer happy to renovate and occupy.
Important considerations: the interior requires modernisation and general updating. The building and hallway show period features but the flat is a fixer-upper. Tenure is unknown and the property will be sold at auction — buyers should carry out full pre-auction checks and budget for refurbishment costs. The wider area is classified as very deprived, and that should be weighed against rental prospects.
Overall, this is a value-driven opportunity for a cash buyer or investor prepared to refurbish and manage an urban rental. Its proximity to universities, public transport and local amenities supports lettability, but clarity on tenure and a realistic plan for works are essential before purchase.
