Income-producing three-bed with parking and immediate rental return.
Three-bedroom ground-floor flat in Ferryhill, modern development
This ground-floor, three-bedroom flat in Ferryhill offers a ready-made buy-to-let with tenants in situ and immediate rental income. The property sits in a modern development close to Aberdeen city centre, with an allocated off-street parking space and communal grounds. Bright living areas, a fitted kitchen, and a principal bedroom with en-suite make it practical for long-term tenants.
Financially the flat is compelling: current rent £1,150 pcm (£13,800pa) gives an advertised yield of 8.8% on the asking price of £157,500. It is fully compliant for letting, sold furnished with inventory included, and the Home Report valuation is £180,000 — offering headroom to market value. EPC rating C and a recent combi boiler indicate decent efficiency for a rental property.
Costs and responsibilities are straightforward but must be considered. Annual communal management (Trinity Factors) is approximately £1,500. The flat has a single main bathroom and one en-suite; more than minimal wear may be present as the sale is as seen. The wider area records higher deprivation than the city average, which can affect tenant mix and future capital growth.
Overall, this is a practical investment for a landlord seeking immediate income and minimal refurbishment outlay. It suits investors focused on yield and tenancy continuity rather than an owner-occupier looking for a long-term personal home.
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