Low-entry auction buy with strong rental yield potential for hands-on investors..
Auction sale guide price £35,000; Home Report £40,000
Estimated rental £550 pcm; prospective yield over 18% at guide price
Ground-floor one-bedroom flat, c.425 sq ft with private garden
Requires renovation and modernization throughout; cosmetic and functional works
EPC D — below-new-build energy efficiency; improvement likely needed
Tenure unknown — confirm prior to purchase
Located in very deprived, constrained-rental area; tenant pool limited
Excellent mobile signal and fast broadband; city-centre transport and shops nearby
This ground-floor one-bedroom flat on Wellington Road offers clear investor potential in Aberdeen city centre. At about 425 sq ft and with a guide price of £35,000 (Home Report: £40,000) the property is offered for sale at auction and is promoted with an estimated rental of £550 pcm — implying a prospective yield above 18% if acquired at guide price.
The flat requires renovation and modernization throughout: cosmetic and likely functional works are needed to bring the dated interior and kitchen/bathroom up to modern letting standards. EPC rating D indicates modest energy efficiency; tenure is unknown and should be confirmed before purchase. The property sits in a constrained-rental local market within a very deprived area and a transitional Eastern European neighbourhood, which will influence tenant demand and rental levels.
Practical positives include a ground-floor position with a private garden area, easy access to city-centre amenities, strong mobile signal and fast broadband—useful for students or professionals. For an investor able to manage renovation and auction purchase risks, this flat represents a low-entry-cost rental opportunity. Buyers seeking a move-in-ready home should expect significant refurbishment work.
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