1-bedroom flat · AB11 6LZ
Sold STCListed 1005 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenanted 1 bedroom property in central Aberdeen with 8.8% yield.
This buy-to-let investment property comprises a hall with 3 storage cupboards, a bright open plan kitchen living room, a double bedroom, and a bathroom with shower.
The property benefits from gas central heating, double glazing, and a city centre location.
The property is fully compliant for the rental market with PRT, property inventory, EICR, Gas safety, PAT, and legionella risk assessment.
The property is being sold with the tenants in situ as a buy-to-let investment property.
The property is fully compliant and the tenant has been resident since July 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £7,200.
The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £70K.
The communal areas of the building are managed by Newton Property for approximately £90 per month.
The property is located next to the main shopping area of Aberdeen with both Robert Gordon University and the University of Aberdeen within easy access, and a regular bus service is readily available on Union Street.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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 asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Carmelite Lane, Aberdeen, AB11
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