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Flat 8, 18 King Street, Aberdeen, AB24 5AX - Image 1
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Flat 8, 18 King Street, Aberdeen, AB24 5AX

Scotland

£35,000
Listed on 23/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat in Aberdeen presents a unique opportunity for savvy investors or first-time buyers looking to enhance their property portfolio. Positioned in a sought-after location, this vacant unit is ripe for renovation, allowing potential owners to customize it to their taste. Currently requiring refurbishment, the property includes an entry hallway, a spacious living area, a cozy bedroom, a bathroom, and a kitchen with ample storage. Once upgraded, it is expected to attract rental yields of £700 to £750 per month, translating to an impressive annual income that could reach up to £9,000—a potential yield of around 20% based on the anticipated purchase price. With strong evidence of recent sales in the area and its proximity to amenities and transport links, this flat serves as an excellent project for BRRRR investors interested in capitalizing on strong rental demand in this vibrant Scottish city.

Investment Analysis

(AB24 area)
Area Average
£140/sq ft
Avg Rent (weekly)
£159
Avg Yield
8.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
88%
Properties sold annually

Local Market Trend (AB24)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -9.0%
5 year growth: -11.0%
Investment Disclaimer: Analysis based on AB24 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 8, 18 King Street, Aberdeen, AB24 5AX
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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
£124
Based on a loan of £26,250 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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