Vacant 2-bed flat at auction — strong rental yield and discounted guide price..
Vacant 2-bed, 2-bath flat in central Stonehaven
Guide price £95,000; Home Report lists £135,000 (price gap)
Estimated rental £650–£700 pcm; 8.21–8.84% gross yield
Offered at timed online auction — buyer preparation required
Freehold tenure; excellent mobile signal and fast broadband
Attic bedroom small with low ceiling; likely cosmetic updating needed
Area classified as very deprived — may affect resale/timing
No flood risk recorded for the postcode
This vacant two-bedroom, two-bath flat sits within a Victorian sandstone building in central Stonehaven, offered at a guide price of £95,000 and due to be sold at auction. A recent Home Report of £135,000 is on file, giving a clear price gap and potential capital upside for buyers able to complete at auction. The property is freehold and benefits from excellent mobile signal and fast broadband — attractive for tenants and shortlisting viewers.
For investors the numbers are straightforward: local rents in the area typically achieve £650–£700 pcm, which equates to an estimated gross yield of roughly 8.21–8.84% on the guide price. The flat is vacant now and described as easily lettable, positioned close to local shops, transport links and the harbour — features that support consistent rental demand in Stonehaven.
The building retains period character — high ceilings and large windows are noted on lower floors — but parts of the accommodation, including an attic bedroom with low ceilings and compact proportions, are modest. The listing does not detail recent refurbishment, so buyers should allow for possible cosmetic or updating costs. The surrounding area is flagged as very deprived; this can depress resale timelines and may affect tenant profiles.
Important transaction points: the lot will be sold at timed online auction and is open to offers now. Buyers should ensure auction finance and legal checks are in place before bidding. There is no flood risk recorded for the postcode.
Overall this flat will suit investors seeking immediate rental income and upside from a discounted purchase, and owner-occupiers looking for a budget entry into a popular coastal town who accept some compact rooms and likely refurbishment needs.