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Hardgate, Aberdeen, AB10

Key features

  • Buy--to-let Investment
  • Tenanted property
  • 2 bedrooms
  • Home Report £100K
  • Annual rental £9,000
  • 62 sq m
  • Current yield 9.5%
  • EPC Rating B
  • Furnished let
  • No buyer fees

Description

An appealing opportunity to acquire a modern two-bedroom buy-to-let investment in Aberdeen, sold with tenants in situ and providing an established rental income from day one. Situated at 258 Hardgate, this second-floor flat extends to approximately 62 sqm and forms part of a development constructed circa 1995. The property benefits from double-glazed timber casement windows, electric Quantum storage heating supplemented by electric panel heaters, and an allocated parking space. The property is currently let at £750 per calendar month, generating £9,000 per annum. With a Home Report valuation of £100,000, this represents an attractive gross yield of 9.5%.

The accommodation comprises an entrance hallway, living room with kitchen off, two bedrooms and a bathroom with WC. Extending to approximately 62 sqm, the flat offers practical two-bedroom accommodation suited to a range of potential tenants. The property benefits from an allocated parking space, double glazing and an EPC Rating B, providing additional features for tenants seeking convenient and energy-efficient accommodation. Heating is provided by electric Quantum storage heaters, supplemented by electric panel heaters. Hot water is supplied by immersion heaters and stored within a pressurised cylinder located in the hallway cupboard. 

An established city offering income-led investment opportunities, Aberdeen is one of Scotland’s principal commercial centres, with an economy historically underpinned by the energy sector and supported by professional services, education, healthcare, technology and the growing transition to renewable energy. The city benefits from established employment hubs, universities and a substantial residential population, creating demand for rental accommodation from professionals, students and local households. Its transport links, amenities and employment opportunities continue to make it an important regional centre. Attractive entry prices and rental potential Aberdeen can offer investors a lower entry point than many other major Scottish cities, creating opportunities to acquire rental properties at comparatively accessible prices. 

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.
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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Hardgate, Aberdeen, AB10

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Affordability

Monthly repayments£478
Property: £ 94,995
Deposit: £ 9,500
Interest rate: 5.35%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Portolio, Edinburgh

34 South Gyle Crescent, Edinburgh, EH12 9EB
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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 30816514. 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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