Summary - FLAT G, 240, KING STREET AB24 5BW
2 bed 1 bath Flat
Turnkey buy-to-let near the university with immediate rental return.
Currently tenanted at £750 pcm (£9,000 pa) for immediate income
A two-bedroom second-floor flat offered as a turnkey buy-to-let in a central Aberdeen location close to the University of Aberdeen. The property is currently tenanted at £750 pcm (£9,000 pa), delivering immediate rental income and appealing to investors seeking an occupied asset with minimal short-term management.
Accommodation includes an entrance hallway, open-plan living area, fitted kitchen, contemporary bathroom and two double bedrooms. The flat sits within a traditional stone tenement with large windows and higher ceilings in parts, providing good natural light. Broadband and mobile signal are reported as fast and excellent respectively.
This lot will be sold at auction and is presented at a budget price of £75,000, positioned below recent nearby sales (£95,000 and £97,000 examples). Buyers should note the building sits in a very deprived area classification; that presents both higher yields and increased management or re-letting risk. The property is freehold and marketed specifically to investors and those seeking student rental potential.
Material considerations: the flat is tenanted (so viewings may be restricted until sale completes) and is being sold at auction — purchasers must register for bidding and will need to allow for any immediate maintenance or refurbishment costs after purchase. There is no flood risk recorded and council tax is described as low.
1 bedroom flat for sale in 181 Spring Garden, Aberdeen, AB25 1DG, AB25 — £55,000 • 1 bed • 1 bath
1 bedroom flat for sale in 46 Summerfield Terrace, FLAT 5, Aberdeen, AB24 5JD, AB24 — £45,000 • 1 bed • 1 bath
2 bedroom flat for sale in 20C Marquis Road, Aberdeen, AB24 2QU, AB24 — £50,000 • 2 bed • 1 bath
1 bedroom flat for sale in 48 Esslemont Avenue, Second Floor left Flat 6, Aberdeen, AB25 1SQ, AB25 — £55,000 • 1 bed • 1 bath
2 bedroom flat for sale in 20c Kintore Place, Aberdeenshire, AB25 2TJ, AB25 — £105,000 • 2 bed • 1 bath
2 bedroom flat for sale in 71 Stanley Street, Aberdeen, AB10 6UT, AB10 — £150,000 • 2 bed • 1 bath
