Summary - Gallowgate, Aberdeen, Aberdeenshire, AB25 AB25 1BY
2 bed 1 bath Flat
Stable rental income with uplift potential in a well-connected urban location.
Long-term tenant in situ and consistently paying rent
Current gross income £6,900 per year; market rent potential £11,400
Freehold flat, approximately 635 sq ft, two bedrooms
Allocated off-street parking space included
Good broadband and excellent mobile signal throughout
Located in a very deprived area — may affect capital growth
Buyer’s premium applies to secure the purchase
Likely requires cosmetic refurbishment to achieve higher rent
A two-bedroom flat on Gallowgate presented as a clear buy-to-let opportunity for investors and developers. The property is freehold, occupies about 635 sq ft, and comes with an allocated off-street parking space — practical assets for long-term letting.
The flat currently produces a gross annual income of £6,900 from a long-standing tenant who intends to remain. Market rent for similar properties is estimated at around £11,400 annually, offering scope to improve income once re-let or after minor refurbishment.
The building is a mid-rise stone construction in an urban setting with good transport links and extensive local amenities close by. Broadband and mobile signal are reported as fast and excellent respectively, supporting modern tenant expectations.
Buyers should note the location sits within a very deprived area classification, which can affect tenant profiles and long-term capital growth. A buyer’s premium applies on sale to secure the purchase. The property is presented as requiring standard investment management and potential cosmetic updating to reach market rents.
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