Summary - FLAT D, 10, TULLOS PLACE, ABERDEEN AB11 8HN
2 bed 1 bath Flat
Two-bedroom investment with long-term tenants and strong income potential.
Gross annual rent £5,700 producing immediate income
Located in a mid-20th-century block in AB11, this two-bedroom ground/upper flat is offered freehold with a long-term tenant in situ. The property produces a current gross rental income of £5,700 per year, presenting an immediately income-producing acquisition for a buy-to-let portfolio. Its 657 sq ft layout is open-plan, with a lounge, kitchen, two bedrooms and a three-piece bathroom.
Practical features include a shared front garden, on-street parking, excellent mobile signal and fast broadband — positives for lettability in this area. The block and communal areas appear maintained and the flat presents as habitable for current tenants, reducing short-term void risk for a purchaser seeking steady cashflow.
Material considerations are straightforward: the property sits in a very deprived local area and attracts hard-pressed flat dwellers, which can affect tenant turnover and rent growth prospects. A buyer should also note the sale includes a Buyers Premium to secure the purchase, and the long-term tenants currently do not intend to vacate, limiting immediate redevelopment or vacant-possession options.
This is primarily an investor/developer opportunity: the combination of a low purchase price, existing rental income and freehold tenure makes it suitable for those expanding portfolios or seeking value-add refurbishment. Prospective purchasers should review the Let Property Pack and tenancy paperwork to confirm income details, tenancy terms and any maintenance responsibility before committing.
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