Portolio says ..
Tenanted 2 bed buy-to-let property in the central Aberdeen with a current yield of 11%.
Property Oracle says ..
This 2-bedroom, 1-bathroom flat is situated on Carmelite Lane in Aberdeen City Centre. The property’s location offers convenient access to Aberdeen railway station and several streets known for rental activity. However, without knowing the property’s square footage, a precise comparison to the average price per square foot in nearby areas is not possible. The interior seems modern and well-maintained, based on the images provided. However, a lack of detail regarding plot size (no garden is evident), structural features and detailed condition means caution should be observed. The listing highlights its potential as a buy-to-let investment property, with a noted 11% current yield. While its central location is appealing, the pricing relative to other comparable properties needs further evaluation to determine if it represents good value. The absence of crucial details such as square footage and plot size hinders a fully comprehensive evaluation.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 95,250.00 £Decreased by 1.73 %
- Average area rental value
- 842.00 £/moIncreased by 10.94 %
- Est rental Yield
- 10.61 %Increased by 12.87 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Portolio marked this listing as sold.
Portolio created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Springwood School | Offshore Schools | 5.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Guild Street | £ 0 | 0 | 0.00 KM |
| The Green | £ 0 | 0 | 0.00 KM |
| East Green | £ 0 | 0 | 0.00 KM |
| Guestrow | £ 0 | 0 | 0.00 KM |
| Broad Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Aberdeen | 8976 | ABD | 0.20 KM |
| Portlethen | 8860 | PLN | 9.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Carmelite Lane, Aberdeen, AB11 | £ 83,995 | BUY | 5 / 10 | 0.00 KM |
| Carmelite Lane, Aberdeen, AB11 | £ 64,999 | BUY | Unknown | 0.00 KM |
| Carmelite Street, Aberdeen, AB11 | £ 37,500 | BUY | 4 / 10 | 0.07 KM |
| Flat 16, 52 Guild Street, Aberdeen, Aberdeenshire, AB11 6NB | £ 67,500 | BUY | 5 / 10 | 0.07 KM |
| 22 Market Street, The City Centre, Aberdeen, AB11 | £ 77,000 | BUY | 6 / 10 | 0.15 KM |