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Two-bedroom top-floor apartment in Aberdeen

Aberdeen, AB11 - Get Access

2 bed 1 bath

Description

This two-bedroom top-floor apartment is located within a popular buy-to-let location in Aberdeen. The accommodation comprises an entrance hallway, a kitchen, a living room, a bathroom, and two double bedrooms. The property benefits from gas central heating, double glazing, and ample storage throughout. The property is currently tenanted at £725 PCM (£8,700 P/A), with potential to demand a rental income of £750 to £800 PCM (£9,000 to £9,600 P/A), offering an estimated gross yield of 8% to 9%. The property is owned by a limited company, providing a potential opportunity for an easy transaction with the option to take over the company. The apartment is located near a variety of local amenities including restaurants and coffee shops, is close to schools, and benefits from easily accessible public transport nearby. Aberdeen offers a robust economy anchored by the oil and gas industry, vibrant arts and culture, and prestigious universities, making it a compelling location for investors.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 650 sq ft

Valuing this two-bedroom traditional top-floor flat on Crown Street involves examining regional central Aberdeen apartment market metrics. The property is in good condition overall (rated 7/10) with modern kitchen and bathroom installations, though minor cosmetic updates to carpets are noted. The floor area of 650 sq ft is based on internal estimation.

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