Affordable auction buy with strong rental potential near universities.
Ground-floor one-bedroom flat, approx. 340 sq ft
Guide Price £41,000; auction sale with Buyer’s Premium applies
Strong headline yield 13.86% based on LHA £5,684.64 pa
Located near city centre, universities, shops and public transport
EPC rating D; Council Tax Band A (very cheap)
Visible damp/leak in living room; requires repair and redecoration
Small internal size — best for single occupant, couple, or investor
Freehold tenure; area classed as deprived, cosmopolitan student neighbourhood
This compact ground-floor one-bedroom flat sits in a traditional granite terrace in Aberdeen’s west end, moments from the city centre, universities and local amenities. Its size and location make it suitable for a single occupant or couple seeking ground-floor accommodation, or for a buy-to-let investor looking for strong rental returns.
The flat is offered for sale at auction with a Guide Price of £41,000 and a quoted Local Housing Allowance income of £5,684.64 per year, providing a headline yield of 13.86% (based on those figures). Council Tax Band A and an EPC rating of D are in place. The property is freehold and benefits from excellent mobile signal and fast broadband speeds.
Buyers should note visible signs of damp/patch repairs and a reported leak in the living room, plus general decorative and maintenance work expected in a period building of this age. The property is small (approximately 340 sq ft) and will suit buyers who accept compact living or are planning refurbishment. The sale is at auction and will be subject to a Buyer’s Premium (3.6% of the purchase price, minimum £3,600 including VAT).
Overall, this flat offers an affordable entry into Aberdeen property market with immediate rental potential but requires budget for remedial works and updating. Investors seeking yield or first-time buyers wanting a central, low-cost purchase should view with the building’s age and maintenance needs in mind.
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