2-bedroom flat · AB11 6SY
For saleListed 32 daysAuction 28 Oct · in 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bed top floor flat with off street parking We are delighted to bring to auction this superb opportunity to acquire this two-bedroom flat in the Dee Village development off Millburn Street.
The accommodation is accessed by secure entry and comprises an entrance hallway, open plan lounge with modern kitchen, two double bedrooms one with integrated storage and bathroom suite with shower over bath.
The development has the rare benefit off secure off-street parking and is within walking distance of union square.
This would suit buy to let investors with similar properties achieving £900pcm (£10800 P/A) and serviced accommodation operators with similar properties achieving £100-120 per night.
The property is price with a £35,000 discount on the home report value and attendance of open viewings is highly recommended. EPC Rating B. Council Tax Band D.
Dee Village enjoys a convenient position for accessing the extensive range of amenities available in Aberdeen City Centre and the nearby Ferryhill area.
Residents are within easy reach of a variety of shops and retail outlets, restaurants, wine bars, cinemas and private fitness facilities, while Union Square shopping centre is also close by.
Aberdeen Railway Station and the city’s main bus depot are within a short walk, providing excellent transport connections throughout the city and beyond.
For those seeking outdoor space, the popular Duthie Park and its renowned Winter Gardens are also nearby.
The development itself benefits from landscaped communal grounds, secure parking for residents and visitors, bicycle storage and well-maintained communal areas, all managed through the factoring arrangement.
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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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 107 Dee Village, Millburn Street, Aberdeen
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