High-yield renovation opportunity close to universities and city transport links.
- Central Aberdeen location, close to shops and transport
- One bedroom, sitting room, kitchen and bathroom (42.7m2 / 459 sq ft)
- Guide price £39,995; auction 19th November
- Projected rent c. £550 pcm; potential yield above 19% at guide price
- Requires renovation and general modernisation throughout
- Tenure not stated — legal check essential before purchase
- Located in a very deprived area; longer-term growth uncertain
- No flood risk; excellent mobile signal and fast broadband
A compact one-bedroom apartment in Trinity House, centrally positioned on Trinity Quay with easy access to shops, transport links and Aberdeen’s universities. The flat measures about 42.7m2 (459 sq ft) and includes a sitting room, kitchen, bedroom and bathroom — all requiring cosmetic and some structural TLC to reach modern standards.
Offered at auction on 19th November with a guide price of £39,995, the property presents clear investor appeal: projected rental income around £550 pcm and a headline yield above 19% if purchased at guide price. Broadband and mobile signal are strong, and the location suits students and city-centre commuters, supporting steady letting demand.
Buyers should note material drawbacks: the apartment needs renovation, tenure is not stated, and the wider area is classified as very deprived which may affect long-term capital growth. Basement/communal areas have low ceilings and there may be additional maintenance obligations typical of older, period buildings.
This is a value-driven purchase for an investor or a hands-on first buyer willing to refurbish. It offers immediate rental potential but requires a clear budget for works and confirmation of tenure/legal position before bidding.
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