Summary - Great Northern Road, Aberdeen, Aberdeenshire, AB24 AB24 3QB
2 bed 1 bath Apartment
Small auction lot — high-yield potential for hands-on investors after renovation.
Victorian terrace flat with high ceilings and period stone facade
A compact two-bedroom apartment tucked into a Victorian terrace on Great Northern Road. The building retains high ceilings and period stone facade; the flat totals about 473 sq ft (42.7 m2) and includes sitting room, kitchen and contemporary-but-worn bathroom. Broadband is fast and mobile signal excellent.
Sold at auction with a guide price of £39,000, this unit is marketed to buyers prepared to renovate. The flat needs TLC throughout and has an EPC rating of E; refurbishment will be required to modernise finishes and ensure long-term lettability. Tenure is unknown — buyers should confirm mortgageability and legal title before bidding.
Location supports rental demand: the immediate neighbourhood suits students and migrant commuters, with shops, eateries, regular buses and good links into Aberdeen city centre and universities. A realistic post-refurbish rental estimate given here is around £750 pcm, which at the guide price implies a high gross yield — but refurbishment costs, voids and management must be allowed for.
This property suits an investor or a first-time buyer comfortable with a renovation-auction purchase. Positive value drivers are the low entry price, strong connectivity and period character; material drawbacks are the small size, need for renovation, EPC E, uncertainty over tenure and the property's position in a very deprived area — all factors to weigh when assessing risk and required spend.
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