2-bedroom flat · AB24 1TD
SoldReduced £2k (−5.4%) on 7 JanListed 307 daysAuction 22 Jan · ended
Opportunity summary
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About
** sale by auction - 22 January 2026 - Timed Online Auction ** excellent investment opportunity**Two bedroom first floor flat close to Aberdeen University.
Rental potential for students or professionals ***high demand rental location Accommodation comprises a generous lounge, kitchen with fitted units and casual dining space, two double bedrooms, and a bathroom with a modern three piece suite.
The flat benefits from gas central heating, double glazing, and well-maintained communal areas. Externally, there are communal grounds and off-street parking. Council Tax Band: A. EPC Rating: F.
Perfect, low cost addition to any investment portfolio with good rental return within extremely high demand location. Certain to appeal to multiple investors.
Excellent location Proximity to University of Aberdeen and the city makes it attractive for students or young professionals looking for convenient, low-cost accommodation.
School Drive is in Tillydrone / Seaton / Old Aberdeen (postcode AB24), providing relatively easy access to the city centre and local amenities.
Public transport is well served, with buses and easy road connections. The area is well connected for university, shopping, and the city.
The city of Aberdeen is the main business and enterprise hub in the North East of Scotland approximately 65miles North of Dundee with extensive investment in education and enterprise.
The city has a population of 197,000 with further catchment of 200,000 in Aberdeenshire Auction Details 22 January 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 141, School Drive, Aberdeen
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