We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · AB10 6HQ
Listing removedListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to purchase this well presented one bedroom first floor flat with dressing room / study in a sought after area of Aberdeen.
Urie House sits on Balmoral Place, just off Broomhill Road, a quiet residential area of central Aberdeen.
Accommodation comprises ~ Entrance into a nice bright hallway with neutral decor and solid oak flooring which continues through to the living area.
This spacious room features high ceilings with original cornice, a large window with attractive wooden shutters and space for a dining table.
A modern tall wall mounted radiator provides a contemporary feel. An access door off leads into the galley kitchen with ample wall and base units in wood effect and induction hob and oven.
To the right of the entrance is the double bedroom again with high ceiling, modern radiator and wooden shutter blind.
Off this bedroom and a unique feature is a further room with potential as a dressing room/ study/ nursery/ storage .
A modern shower room next door to the bedroom features attractive wet wall splashback in textured grey, vanity unit and wall mounted radiator.
This flat also benefits from a communal garden space to the rear along with its own previous coal shed and a landing storage cupboard, There is a shared use of a former wash house with large storage space above.
Located South West of the city centre there are an array of local amenities nearby. This property would make an ideal first time buy . Early viewing is highly recommended to appreciate.
To book a viewing please visit our website or download our app.
Property Ownership Information Tenure Freehold Council Tax Band C Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 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
.png)
FAQ
About 37 First Floor Right, Balmoral Place, Aberdeen
Explore nearby