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Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 1
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Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 3
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 4
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 5
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 6
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 7
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 8
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 9
Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City - Image 10

Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City

Scotland

£35,000

Listed on 27/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
380 sqft

Description

This centrally positioned one-bedroom attic flat presents a promising opportunity for investment and value enhancement. Located in the vibrant West End of Aberdeen, this property can be accessed via a secure communal entrance. It comprises an entrance hallway, a comfortable lounge, a kitchen, a bedroom, and a bathroom. Although the flat requires refurbishment to maximize its potential, it stands to be an attractive addition to any rental portfolio; with current LHA values estimated around £5,684, there is potential for higher returns in the private rental market. The flat's locale on Thistle Lane places it conveniently close to various local amenities essential for daily living, alongside specialty shops and services that cater to more particular needs. Additionally, it falls within the catchment area for the reputable Aberdeen Grammar School. For leisure activities, several fitness facilities are nearby along with the scenic Duthie Park offering outdoor pursuits. Commuters will appreciate the excellent public transport links available with Union Square Railway and Bus Stations just a short distance away. This is an opportunity not to be overlooked—viewings are strongly encouraged!

Investment Analysis

(AB10 area)

Below Market Value

This property is priced -43.2% below area average per sq ft

-43.2%
Potential saving
This Property
£92/sq ft
Area Average
£162/sq ft
Avg Rent (weekly)
£153
Avg Yield
7.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£67,758
10% above area average per sq ft
Potential ROI
+12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
115%
Properties sold annually

Local Market Trend (AB10)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -10.9%
5 year growth: -18.0%
Investment Disclaimer: Analysis based on AB10 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

Attic Floor Flat, 7 Thistle Lane, Aberdeen, Aberdeen City
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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
£125
Based on a loan of £26,250 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.

Stamp Duty Calculator

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