2-bedroom flat · AB24 5RN
To rentListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for lease on a furnished basis, this fully furnished spacious two bedroom with ensuite, executive apartment situated on the first floor of a purpose-built block within a modern, fully factored city development.
Boasting residents parking, gas central heating and double glazing.
The property comprises: Entrance hallway with double sliding wardrobes providing additional storage; lovely open plan kitchen, living and dining space.
The double aspect windows allow for plenty of light, while the kitchen space enjoys plenty wall and floor units for great storage as well as a range of appliances; two generously sized double bedrooms, both benefiting from built-in storage.
The primary bedroom further benefits from an en-suite shower room with white suite and fully enclosed shower area; bathroom with white suite and shower over bath.
The apartment enjoys a central location just off King Street and is within easy walking distance of Aberdeen City Centre, Aberdeen University and College.
The property is also conveniently placed for ease of access to a wide range of amenities including a nearby Morrisons Supermarket and other retail outlets, leisure activities including the highly acclaimed Aberdeen Sports Village and Aquatics Centre, and the many attractions at Aberdeen Beach.Council tax band: D, EPC rating: B.
Landlord Registration Number: 510309/100/20102. Letting Agent Registration Number: LARN1812040. Deposit: £900
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
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Merkland Lane, Old Aberdeen, Aberdeen, AB24 5RN, Aberdeen
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