Worst House on the Street Logo
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 1
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 2
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 3
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 4
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 5
Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11 - Image 6

Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11

Scotland

£47,500

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Flat
Area
628 sqft

Description

This attic flat in a central location on Market Street, Aberdeen, presents a compelling opportunity for investors or those looking to undertake a renovation project. Approximately half a mile from the city centre, the property consists of a lounge, galley kitchen, two bedrooms, and a bathroom. While it currently features electric heating and double glazing, the flat requires a comprehensive refurbishment to unlock its full potential. The competitive guide price reflects this need for extensive updates. After renovations, prospective landlords could anticipate annual rental income around £7,778 (local housing allowance), with market demand suggesting even higher returns might be achievable. The property's proximity to local amenities, transport links, and commercial spaces adds further appeal for future tenants. Early viewing is recommended to fully grasp the investment potential of this property.

Investment Analysis

(AB11 area)

Below Market Value

This property is priced -46.9% below area average per sq ft

-46.9%
Potential saving
This Property
£76/sq ft
Area Average
£143/sq ft
Avg Rent (weekly)
£154
Avg Yield
9.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£98,439
10% above area average per sq ft
Potential ROI
+19.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
128%
Properties sold annually

Local Market Trend (AB11)

Area prices are falling by -15.1% over the last 12 months
3 year growth: -19.4%
5 year growth: -26.9%
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

Attic Floor, 200 Market Street, City Centre, Aberdeen, Aberdeen City AB11
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£179
Based on a loan of £35,625 over 30 years at 4.45% 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development