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37, Menzies Road, Aberdeen, AB119AU - Image 1
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37, Menzies Road, Aberdeen, AB119AU - Image 3
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37, Menzies Road, Aberdeen, AB119AU - Image 5
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37, Menzies Road, Aberdeen, AB119AU

Scotland

£29,000
Listed on 06/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This traditional flat presents a compelling opportunity for investors and landlords, requiring significant renovation before it can be rented out. Currently stripped down with no kitchen units installed and unfinished decoration throughout, this property offers a blank canvas for those looking to add value. With the potential for a rental yield of approximately 35% based on the home report value, the financial returns could be substantial. The property comprises a lounge/kitchen area, double bedroom, and shower room with WC, all situated conveniently near Aberdeen's city centre in the Torry area—an attractive location for young professionals and students alike. The investment potential is enhanced by double glazing features and well-maintained communal areas. Given its proximity to local amenities, parks, and excellent transport links, this flat is poised for a profitable rental income post-renovation, estimated at £500 per month (£6,000 annually). This represents an exciting prospect for those ready to undertake refurbishment work.

Investment Analysis

(AB11 area)
Area Average
£144/sq ft
Avg Rent (weekly)
£152
Avg Yield
9.8%

Renovation Potential

Heavy 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
56
Average per month
Market Turnover
156%
Properties sold annually

Local Market Trend (AB11)

Area prices are falling by -15.5% over the last 12 months
3 year growth: -19.0%
5 year growth: -26.1%
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

37, Menzies Road, Aberdeen, AB119AU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£103
Based on a loan of £21,750 over 30 years at 3.97% 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.

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