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 work1-bedroom flat · AB10 6RB
Listing removedReduced £6k (−15.8%) on 17 JulListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity for investors, developers, or buyers seeking a renovation project, this converted ground floor flat forms part of a traditional threestorey block, comprising six units in total.
The accommodation is arranged over the ground floor and mezzanine level, offering a unique layout with excellent potential to modernise and enhance value.
Accommodation Ground Floor: Hallway, bright living room, fitted kitchen, and shower room. Mezzanine Level: Double bedroom.
This property represents an ideal addition to a rental portfolio or a renovation project for resale. Offered for sale via public auction, early enquiries are encouraged.
Aberdeen is a vibrant coastal city in northeast Scotland, known for its striking granite architecture, strong economy, and excellent lifestyle offering.
Often called the "Granite City", its silvery Victorian buildings give it a unique charm and character. As Scotland’s thirdlargest city, Aberdeen blends historic appeal with modern living.
The city sits where the Rivers Dee and Don meet the North Sea, offering long sandy beaches, green open parks, and easy access to the Scottish Highlands.
It is also a major port city and energy hub, known as the “oil capital of Europe” due to its long association with the offshore petroleum industry.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion.
If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days.
For these reasons, it is suitable for cash buyers only.
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.
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 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 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
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FAQ
About GF, 7, Chattan Place, Aberdeenshire
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