Strawberry Bank Parade, Aberdeen, AB11
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Buy-to-let Investment
- Tenanted & fully compliant
- 2 Bedrooms
- Home Report £90,000
- Current Rental £659.74pm
- Current yield 9.3%
- EPC Rating B
- 54 sq m
Description
Tenanted 2 bed buy-to-let investment in a highly convenient city-centre location in Aberdeen. This well-proportioned second-floor flat offers two-bedroom accommodation, private parking and an established tenancy, making it an attractive addition to a property portfolio. Built circa 1996, the property extends to approximately 54 sq m and comprises an entrance hallway with storage cupboard, spacious living room, fitted kitchen, two double bedrooms and a bathroom. The property benefits from double-glazed timber casement windows, a gas-fired Glow-worm combination boiler (installed August 2023), security door entry, landscaped communal grounds and an allocated private parking space. The property has an EPC Rating of Band B and the Home Report value is £90,000. The factoring charge is approximately £628 per annum.
The property is being sold with the tenants in situ as a buy-to-let investment. The tenants have been resident since 2019 and currently pay £649.74 per calendar month, providing an established rental income from completion. The current market rental is approximately £675 per month, offering potential for rental growth.
Aberdeen remains an attractive market for buy-to-let investors, offering a combination of relatively affordable property prices, established rental demand and strong employment fundamentals. The city is a major regional centre for the energy sector while increasingly diversifying into renewable energy, technology, life sciences and other professional services, supporting demand for quality rental accommodation. Strawberry Bank Parade is particularly well placed for investment, being within easy walking distance of Union Street, Aberdeen railway station, the city's shops, restaurants, universities and major employment locations. The city-centre location is especially appealing to professionals and tenants looking for convenient access to amenities and public transport. For investors, the combination of a long-standing tenant, strong EPC rating, private parking and central location, together with potential to increase the rent towards the current market level, makes 78 Strawberry Bank Parade an attractive opportunity for an income-focused buy-to-let investor.
Brochures
Brochure 1- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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Visit our security centre to find out moreDisclaimer - Property reference 30745028. 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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