Summary - 17, EARN'S HEUGH CRESCENT AB12 3RU
1 bed 1 bath Flat
Immediate income flat with parking and strong digital connectivity in Cove Bay.
Currently let with gross annual income £7,800
Freehold tenure; no flood risk
Approx. 420 sq ft — compact one-bedroom flat
Communal private parking and front garden
Buyer's Premium applies on sale — factor into costs
Area classified as very deprived — affects long-term growth
Tenants in situ under one year; intend to stay
Excellent mobile signal and fast broadband speeds
A compact one-bedroom flat in Cove Bay offering immediate rental income and straightforward hands-off ownership. The property is currently let and generating a gross annual income of £7,800, making it suited to an investor seeking near-term cashflow and low-entry portfolio growth. Communal private parking, a front garden and reliable connectivity support tenant demand locally.
The flat is small (approximately 420 sq ft) and will suit rental use or a careful refurbishment to enhance yields; it is freehold and has no flood risk. The existing tenancy is under a year old with consistent payments and the tenants intend to remain, so sale will be to an occupied investment. A Buyer’s Premium applies to secure the sale, which should be factored into acquisition costs.
Buyers should note the wider area is classified as very deprived, which affects long-term capital growth but can support steady rental demand and higher yields. The property’s size and likely need for cosmetic updating mean there is scope to increase rent after improvement works, but also that some refurbishment spend may be required to maximise returns.
Overall, this is a practical, low-price-entry buy-to-let with immediate income, good digital connectivity and off-street parking. It will appeal primarily to serious investors or developers comfortable managing tenanted stock and factoring in the buyer’s premium and local area considerations.
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