School Terrace, Aberdeen, AB24

Property Details: • Type: Flat • Tenure: Freehold • Floor Area: N/A

Key Features: • Buy-to-let Investment • Tenanted & Fully Compliant • 1 bedroom • Home Report £75,000 • Current Rental £575pm • Current Yield 10.1% • Furnished Let • EPC Rating C • 48 sq m • No Buyer Fees

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ

Full 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 10.1%. 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. BrochuresBrochure 1