3-bedroom house · AB45 3ZR
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a rare opportunity to live in a quirky, seafront home in the beautiful coastal village of Gardenstown in North East Aberdeenshire.
Situated approximately 15 miles west of Fraserburgh and 45 mles north of Aberdeen, Gardenstown is an old harbour village and accessed down a steep road and the house in question is literally right on the edge of the coast with amazing views.
The property is on two floors and offered unfurnished with electric heating. There are a total of three bedrooms with two of them on the ground floor.
Upstairs, there is a decent sized living room with log burner, a kitchen and bathroom with bath and a third bedroom. There is also a back door which leads to an attic room perfect for storage.
The windows to the front of the property were recently replaced with new double-glazed units.
Viewing is highly recommended however be warned that the concrete track leading to the house is narrow in places with a steep drop to the rocks below.
There is no guard rail.Council tax band: A, EPC rating: F. Landlord Registration Number: 300379/110/14251. Letting Agent Registration Number: 1903027. Deposit: £675
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 Newbank, Gardenstown, AB45, Aberdeenshire
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