Summary - Merkland Road East, Aberdeen, , AB24 AB24 5PR
3 bed 3 bath Block of Apartments
Three-let flats with immediate income and clear refurbishment upside.
- Portfolio of three flats with tenants in situ
- Current gross rental income £12,000 per year
- Freehold Victorian tenement with period features
- Private rear garden and on-street parking
- Excellent mobile signal and fast broadband
- Visible internal damage: peeling paint, plaster and ceiling crack
- Small overall size; compact room layouts and studio style
- Located in a very deprived, student/commuter neighbourhood
A compact portfolio of three flats in a Victorian tenement on Merkland Road East, offered freehold with tenants in situ. The block produces a current gross rental income of £12,000 per year and will appeal to buy-to-let investors or developers seeking immediate income and refurbishment potential. A Let Property Pack is available for investment details.
The building retains period character — stone facade, bay and sash windows, and high ceilings — which helps tenant appeal in this student and commuter neighbourhood. Practical strengths include a private rear garden, on-street parking, excellent mobile signal and fast broadband, plus good local transport and amenity access.
Notable issues are visible internal deterioration: peeling paint, plaster damage and a crack in a living-room ceiling that will require repair. The overall portfolio is small and sits in a very deprived area, which may affect rental resilience and long-term capital growth. Prospective buyers should allow for refurbishment costs and factor in the neighbourhood profile when assessing yields and management plans.
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