2-bedroom flat · AB10 1AU
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entry from 15th January 2024.
Very well presented 2 bedroom 3rd floor flat in popular city centre location offering bright and spacious accommodation that is furnished and decorated to a high standard.
The property benefits from Electric heating and Double Glazing and would ideally suit professionals working in the city centre.
The property offers excellent access to union Street and city centre amenities including local shopping centres, Cinema, pubs restaurants and public transport to all areas of Aberdeen.
Hall, Lounge with electrical lec fire, Dining Kitchen, Master Bedroom with built in wardrobe, Double bedroom, Family Bathroom with shower over bath & utility cupboard housing washing machine & tumble drier.
Fully furnished, Electric Storage & Electric Panel Heating, Double Glazing, On Street Permit Parking, Council Tax − Band C 14009/100/25201 Deposit: £730
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
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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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