Summary - 45, URQUHART ROAD, ABERDEEN AB24 5LS
1 bed 1 bath Flat
Immediate income and strong yield in a compact city-flat.
Long-term tenant in situ producing £5,400 pa (current income)
Approximate gross yield ~9.3% at £58,000 purchase price
Freehold flat in traditional granite tenement building
Private rear garden (back only) — small outdoor space
Small overall size: c.388 sq ft; compact living accommodation
Area classed as very deprived; student and commuter neighbourhood
On-street parking only; no guaranteed allocated space
Buyers Premium applies; review Let Property Pack and tenancy details
This compact one-bedroom flat on Urquhart Road is presented primarily as a buy-to-let opportunity. It is sold freehold with a long-term tenant in situ, producing a current annual gross income of £5,400 — a gross yield of about 9.3% at the asking price of £58,000. The building is traditional granite tenement stock, which typically demands lower exterior maintenance.
The flat includes a reception room, one bedroom, a modern bathroom and a private back garden (rear only). On-street parking serves the property. The tenant has occupied the flat for several years and intends to remain, so immediate vacant-possession investment or refurbishment for owner-occupation would require agreement with the tenant.
Material points to note: the internal condition, exact room sizes and energy performance are not provided and should be verified. The area is classified as very deprived and is a student/commuter neighbourhood, which influences rental demand and management considerations. A Buyers Premium applies to secure the sale; purchasers should review the Let Property Pack and tenancy documentation before bidding.
For an investor this offers an immediate income stream and a strong headline yield, but it requires due diligence on tenancy terms, any management obligations, and potential refurbishment costs to optimise rent or reletability.
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