2-bedroom flat · AB24 3DD
No longer listedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This large self contained ground floor property is a must see. Property consists of spacious lounge, dining kitchen with patio doors leading to garden, 2 double bedrooms and modern shower room.
Permit parking is available. This location is popular among students and professionals with easy access to the City Centre and a short distance from the prestigious Aberdeen University.
This central location offers a number of amenities on your doorstep and benefits from easy transport to all areas of the City.
Deposit: 1 month Ground floor EPC rating: B Council tax band: B Additional costs: Council tax and water charge, utilities, broadband (if applicable).
Garden Waste Bin from local authority at additional cost (if applicable) Heating type: Gas Central Heating Utilities: Tbc Broadband Type: Fibre broadband available subject to supplier Parking Type: Permit parking Scottish Letting Agent Registration Number: LARN1812026 All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
Agent & docs
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FAQ
About Ground Floor, 38, Orchard Street, Aberdeen
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