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Menzies Road, Aberdeen AB11 1 bed flat for sale
Menzies Road, Aberdeen AB11
£29,000
Menzies Road, Aberdeen AB11
£29,000
Price History
Initial price | £30,000 |
06/09/25 | £40,000 |
13/09/25 | £30,000 |
20/09/25 | £29,000 |
Price Change | -3.33% |
Description
This traditional flat in the Torry area of the city is an ideal investment opportunity for a landlord, offering a potential rental yield of nearly 35% at the current home report value. The property requires upgrading and finishing before it can be rented, with no kitchen units present and stripped walls and rooms. However, with some renovation, it's estimated that the property could generate £500 per month (£6,000 per year) in rental income. The property features UPVC and timber double glazing, and is located close to the city centre, with high tenant demand in the area. With an EPC rating of E, this property offers a fantastic potential return on investment for the right landlord.