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37, Menzies Road, Aberdeen, AB119AU - Image 1
37, Menzies Road, Aberdeen, AB119AU - Image 2
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37, Menzies Road, Aberdeen, AB119AU

Scotland

£23,000

Listed on 28/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This traditional flat located in the Torry area near Aberdeen city centre presents a significant opportunity for an investor looking to capitalize on the rental market. Currently, the property requires extensive finishing work, as the interior has been stripped down with no kitchen units installed. The layout comprises a lounge/kitchen, a double bedroom, and a shower room with a WC, allowing for a variety of potential configurations post-renovation. Given its close proximity to local amenities and high tenant demand, there is notable potential for a rental yield of up to 35% based on current valuations. The property benefits from UPVC and timber double glazing as well as well-maintained communal areas, offering a solid foundation for improvements. With estimated post-renovation rental income around £500 per month (£6,000 annually), this property is ideal for those seeking a profitable investment in an area that attracts young professionals and students alike.

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
£82
Based on a loan of £17,250 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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