Summary - FLAT 5, 46, SUMMERFIELD TERRACE AB24 5JD
1 bed 1 bath Flat
Income-producing buy in central Aberdeen ideal for hands-off investors.
Turnkey one-bedroom flat currently let at £600 pcm
A compact one-bedroom flat offered as a turnkey rental in a central Aberdeen location. It is currently let at £600 pcm, showing immediate income for an investor and simple possession on sale is possible via auction. The property is advertised with a guide price of £45,000 and comparable nearby sales at ~£80–85k are noted.
The flat is freehold, in a Victorian tenement block with modern living-room features and fast broadband and excellent mobile signal. Local amenities, public transport and student/commuter demand support lettings; the vendor cites potential market rent of around £800 pcm and an indicative gross yield of 12% based on the guide price.
Important considerations: the area is classified as very deprived, the lot will be sold at auction (bidders must create an account), and the property currently achieves £600 pcm rather than the suggested £800 pcm. There is limited size information and no internal condition report provided, so buyers should allow for unseen repair or maintenance costs.
This lot suits investors seeking an easily lettable, income-producing asset that can be acquired quickly at auction. Factor in auction timings, local demand dynamics and any refurbishment or compliance work after inspection before bidding.
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