2-bedroom flat · AB24 2UE
For saleReduced £10k (−19.6%) on 4 AugListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime Property Auctions is excited to present this impressive 2 Bedroom situated within a prime buy to let location in Aberdeen - ***home report £77,000*** ***97, Hayton Road, Aberdeen, Aberdeenshire AB24 2RN Previously sold for £85,000.
54, Auchinleck Road, Aberdeen, Aberdeenshire AB24 2Y Previously sold for £88,000. *** Property could easily provide a monthly rental income of £600 - £750 pcm (£9,000 p/a).
This would provide an exceptional 13% gross yield based on a guide price of £70,000.
Excellent investment opportunity, sure to appeal to shrewd investors looking for an easily lettable property in a sought-after location - ***high yield potential*** Located in the vibrant centre of Aberdeen.
Exciting nearby attractions such as sports stadiums, leisure facilities, shopping, and entertainment with easy transport links nearby.
Prime Property Auctions is excited to present this impressive 2 Bedroom situated within a prime buy-to-let location in Aberdeen - ***home report £77,000*** Excellent investment opportunity, sure to appeal to shrewd investors looking for an easily lettable property in a sought after location - ***high yield potential*** Located in the vibrant centre of Aberdeen.
Exciting nearby attractions such as sports stadiums, leisure facilities, shopping, entertainment with easy transport links nearby.
Property comprises: Entrance hallway, living room, kitchen, bathroom, 2 Large double bedrooms, Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth.
The local area has seen some great sales recently showing that there is strong demand. Local sales evidence: ***97, Hayton Road, Aberdeen, Aberdeenshire AB24 2RN Previously sold for £85,000.
54, Auchinleck Road, Aberdeen, Aberdeenshire AB24 2Y Previously sold for £88,000. *** Property could easily provide a monthly rental income of £600 - £750 pcm (£9,000 p/a).
This would provide an exceptional 13% gross yield based on a guide price of £70,000. Potentially high-yielding investment property. This lot is open to immediate offers.
Should you wish to offer now, you can do so via our “Make an Offer” button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created please contact the team.
Location: Aberdeen, located in the northeast of Scotland, is often called the "Granite City" due to its gray-stone architecture.
Renowned for its role in the North Sea oil industry, the city attracts professionals and businesses associated with offshore drilling and production, contributing to its economic stability.
The University of Aberdeen adds to the city's appeal, fostering education, research, and innovation.
With a mix of historic charm, modern amenities, and a high quality of life, Aberdeen offers residents cultural events, recreational facilities, and a picturesque coastline.
Its solid transportation links, including an international airport, enhance connectivity for both residents and businesses.
The real estate market, influenced by economic activities, may present opportunities for investment, especially in the face of ongoing efforts to diversify the economy beyond oil and gas.
As Aberdeen works towards a more resilient and varied economic base, its strengths in technology, renewable energy, and tourism contribute to its appeal for living and investing.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 118, Pennan Road, Aberdeen
Explore nearby