2-bedroom flat · AB16 5UD
For saleListed 4 daysAuction 22 Oct · tomorrow
Opportunity summary
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About
** sale by auction - 22 October 2026 - Timed Online Auction ** *** RICS qualified home report value of £68,000 *** Ground floor 2 bed flat in excellent move in condition, located at Oldcroft Place, Aberdeen.
Desirable location priced to sell at Auction. Freehold The property is a purpose built ground floor flat in a four storey block of eight flats.
The accommodation comprises of : Entrance hall, livingroom, kitchen, two bedrooms and a bathroom.
Potential high yield investment opportunity Realistic rent of upto £700 - 750pcm which would give an annual income of £9,000 resulting in a fabulous yield of up to 16% if achieved for the guide price excellent local sales evidence: 55, Brierfield Terr, £68,000 May 2026; 308, North Anderson Dr, £162,100 May 2026; 215, Cornhill Drive £84,000 Feb 2026.
Area popular with students and hospital workers and therefore this property makes an easy and quick let.
Well proportioned two bedroom flat offering bright, comfortable accommodation and a practical layout throughout.
The property is well kept, neutrally presented and ready for immediate use, making it an appealing option for first time buyers, downsizers or investors seeking a straightforward, low maintenance home in a well connected part of the city.
Oldcroft Place is ideally positioned for access to Foresterhill Health Campus, the University of Aberdeen and Aberdeen city centre, making it a particularly convenient location for a wide range of buyers and tenants.
There are excellent transport links to the A92, A90 and Aberdeen Western Peripheral Route (awpr), providing straightforward commuting throughout Aberdeen and beyond.
The property sits in a highly convenient part of Aberdeen, well placed for access to the city’s major amenities and employment hubs.
Aberdeen Royal Infirmary is within easy reach, making the flat particularly attractive for nhs staff, medical students and those working across the Foresterhill campus.
The area is also popular with students thanks to straightforward transport links to both the University of Aberdeen and rgu, giving the property strong buy to let potential.
Regular bus routes run nearby, connecting quickly to the city centre, retail parks and key commuter roads including Anderson Drive and the awpr.
Everyday essentials such as supermarkets, local shops, schools and leisure facilities are all close at hand, creating a practical and well connected setting for comfortable day to day living.
Auction Details 22 October 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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