Summary - FLAT A, 153, VICTORIA ROAD, ABERDEEN AB11 9NB
1 bed 1 bath Flat
High-yield opportunity close to university and hospitals.
Freehold ground-floor 1-bed flat in Victorian tenement
A compact one-bedroom ground-floor flat offered at £32,500, presented for auction and sold as seen. The property sits in a Victorian tenement on Victoria Road, close to Aberdeen City Centre, Aberdeen University and Aberdeen Royal Infirmary, making it well placed for the local rental market.
The flat is freehold and includes double glazing and secure entry. Forecast rental income of about £500 per month gives a realistic gross yield of around 18% at the current price, underlining the investment case. Excellent mobile signal and fast broadband add lettable appeal for students and professionals.
Important considerations: the building is in an area recorded as very deprived and the block requires work — the property is described as a fixer-upper and the ground floor includes a vacant retail unit which may affect immediate amenity and income. The sale will follow auction terms, and the purchaser should allow for refurbishment costs and any standard auction conditions.
This is a straightforward buy-to-let or refurbishment project for an investor seeking high initial yield and capital-growth potential close to major employers and the university. Viewings and pre-auction offers should factor in repair and management needs.
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