1-bedroom house · AB24 3HX
Listing removedListed 100 days · slow let
Opportunity summary
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About
Entry from 20th may 2024. Very well presented 1 bedroom self−contained property with on street permit parking.
The Spital is situated in the historic Old Aberdeen area, home to the University of Aberdeen and is within easy walking distance of the City Centre as well as the beach, and very convenient for easy access to all parts of the city and its amenities.
Modern Dining kitchen and Lounge on open plan with wooden flooring. Modern tiled Bathroom with shower over the bath.
On the upper floor there is a lovely bright and spacious double bedroom with built in wardrobe, fully furnished, Gas Central Heating, Double Glazing, On street permit parking, Council Tax − Band C 293086/100/17531 Deposit: £650
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
Short-let licence or registration needed
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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
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FAQ
About Spital, Aberdeen, AB24, Aberdeen
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