One-bedroom flat in Torry, Aberdeen

This is a one-bedroom, top-floor flat located in the Torry area of Aberdeen, described as ideal for an investor landlord due to its location and rental potential. The property is situated close to Aberdeen city centre, which benefits from high tenant demand. It comprises an entrance hall, lounge, kitchen, a double bedroom, and a shower room. The property has undergone recent refurbishment, including a new kitchen, bathroom, flooring, and redecoration. It features gas central heating and double glazing. Externally, the property benefits from a secure door entry system and on-street parking. The tenure is freehold. The property is currently tenanted, with a rental income of £450 per month, equating to £5,400 per year. The described yield is approximately 21% to 25% at the opening bid price. Local sales evidence includes 8 Walker Road (£50,000 in July 2023), 45 Menzies Road (£52,000 in January 2025), and 112 Victoria Road (£55,000). Other Walker Road sales mentioned are £110,000, £93,000, and £92,000. Torry is a mature residential area well-served by local amenities, including shops and public transport, with easy access to Aberdeen City Centre. It is popular with professionals and students due to its proximity to the city centre, Union Street, and transport links. The surrounding area has a mix of Victorian granite tenements and modern developments. Aberdeen itself is a significant city in Scotland, known as an energy hub with diverse industries and academic institutions.