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School Terrace, Aberdeen, AB24

Floorplan 1
1

Key features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 1 bedroom
  • Home Report £75,000
  • Current Rental £575pm
  • Current Yield 10.6%
  • Furnished Let
  • EPC Rating C
  • 48 sq m
  • No Buyer Fees

Description

Tenanted one bed buy-to-let investment property located only a few minutes walk from Aberdeen University. This is a ready-made buy-to-let investment, in good order throughout with a stylish finish. It offers immediate rental income with a tenant in situ. Positioned on the first floor of a detached two-storey block containing four flats, it shares a well-kept communal hallway with one other flat only. The property is 48 sq m and was built circa 1930. The accommodation comprises: entrance hallway, bright living room with adjoining fitted kitchen, double bedroom, and shower room. The property benefits from a new kitchen & bathroom (2024), gas central heating, uPVC double glazed windows, and access to a shared drying area. It also includes an exclusive section of rear garden.

The property is being sold with the tenant in situ as a buy-to-let investment property. The property is fully compliant, and the tenant has been resident since November 2024, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,900, which represents an immediate yield of 10.6%. The Home Report value is £75K, and the sale price includes all the inventory items. 

The Linksfield area is well served by public transport and amenities, with close proximity to the University of Aberdeen, Aberdeen Sports Village, and local shops. There is consistent demand from the University of Aberdeen, and this area offers low void periods. Properties tend to let quickly here, especially one- and two-bedroom flats which are finished to this standard. 

Brochures

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COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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School Terrace, Aberdeen, AB24

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 29017535. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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