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Flat F, 51 Castle Street, Aberdeen City - Image 1
Flat F, 51 Castle Street, Aberdeen City - Image 2
Flat F, 51 Castle Street, Aberdeen City - Image 3
Flat F, 51 Castle Street, Aberdeen City - Image 4
Flat F, 51 Castle Street, Aberdeen City - Image 5
Flat F, 51 Castle Street, Aberdeen City - Image 6
Flat F, 51 Castle Street, Aberdeen City - Image 7
Flat F, 51 Castle Street, Aberdeen City - Image 8

Flat F, 51 Castle Street, Aberdeen City

Scotland

£70,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Flat
Area
801 sqft

Description

This top floor, B-listed three-bedroom flat presents a solid investment opportunity in a strategic Aberdeen city location. Positioned on the outskirts of the vibrant city centre, this property is ideal for buy-to-let investors seeking to capitalize on the strong rental market. The spacious layout includes a lounge, fitted kitchen, three bedrooms, and a bathroom with neutral decor and an over-bath shower. While the flat would benefit from some renovations to enhance its appeal and functionality, it has significant potential for improved rental yields. Upon completion of necessary upgrades, expected annual rental income could be around £10,292 or potentially higher given the area's demand for rental properties. With its convenient access to local amenities and public transport links facilitating easy commutes, this flat is likely to attract considerable interest from discerning investors. Council Tax Band C.

Investment Analysis

(AB11 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£87/sq ft
Area Average
£143/sq ft
Avg Rent (weekly)
£147
Avg Yield
9.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£125,557
10% above area average per sq ft
Potential ROI
+32.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
173%
Properties sold annually

Local Market Trend (AB11)

Area prices are falling by -14.7% over the last 12 months
3 year growth: -21.4%
5 year growth: -25.0%
Investment Disclaimer: Analysis based on AB11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Flat F, 51 Castle Street, Aberdeen City
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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