Summary - 5, MILLSIDE TERRACE, PETERCULTER AB14 0WB
2 bed 1 bath Flat
Compact freehold flat with strong rental yield and tenant in place.
2 bedrooms in a compact 560 sq ft flat
Long-term tenant in situ with reliable rent payments
Annual gross income £6,780 (approx. 9.4% gross yield)
Freehold tenure; communal lawned grounds
On-street parking only; no dedicated off-street parking
Located in a deprived area; may affect capital growth prospects
Average broadband speeds; mobile signal excellent
Buyers Premium applies to complete the purchase
This two-bedroom flat in Peterculter is presented primarily as a buy-to-let opportunity with a long-term tenant in situ. The property is freehold, produces an annual gross income of £6,780 and sits within a multi-unit residential block with communal green space. Its compact footprint (approx. 560 sq ft) suits investors seeking an income-producing, low-management addition to a portfolio.
The current tenancy has lasted over three years with consistent payments; tenants do not intend to vacate. The purchase price of £72,500 gives a gross yield of about 9.4% based on current income, which is attractive for yield-focused buyers. On-street parking and communal lawns add practical appeal for occupiers.
Buyers should note material factors plainly: the flat is small, located in an area recorded as deprived, and broadband speeds are average. A Buyers Premium will apply to secure the sale. These points will affect future resale or repositioning plans and should be factored into offer decisions.
For a serious investor, the property offers immediate rental income with modest management needs and potential to re-let or improve returns subject to market movement. Full investment figures and tenancy paperwork are available in the Let Property Pack for due diligence.
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