Immediate rental income close to university and local amenities.
Freehold two-bedroom flat in modern apartment block
Currently tenanted at £600 pcm (£7,200 pa) providing immediate income
Seller states potential rent £700 pcm and increased income potential
Offered for sale at an auction — sold as seen, immediate offers possible
Close to University of Aberdeen — strong student rental demand
Wider area classified as very deprived — consider long-term capital risks
Communal parking, good mobile signal and fast broadband
Council tax band described as cheap
A compact two-bedroom flat in a modern apartment block, offered as a turnkey buy-to-let in a student and commuter area of Aberdeen. The property is in good decorative order with two double bedrooms, a fitted kitchen, and communal parking, making it straightforward to rent to students or local workers.
The flat is currently tenanted at £600 pcm (£7,200 pa) and is offered for sale at auction. The listing states this income equates to a 10% yield if the guide price is achieved; there is also potential to let at around £700 pcm, which would increase annual income. Immediate rental income reduces void risk for an investor seeking cashflow from day one.
Buyers should note material points: the lot will be sold at auction and the wider area is classified as very deprived, which can affect long-term capital growth and tenant mix. The property is freehold and close to the University of Aberdeen (approximately a 3-minute drive), making it particularly suitable for investors targeting the student market.
Overall this is a straightforward investment opportunity for buyers prioritising yield and immediate income. It suits investors comfortable purchasing at auction and managing a tenancy in a high-demand student neighbourhood.
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