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Guide price

£59,000

1 bed flat for sale
Chapel Street, Aberdeen AB10

    • 1 bed

    • 1 bath

    • 1 reception

First Choice Property Auctions

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About this property

    Description
    A bright, top‐floor 1‐bedroom flat in the heart of Aberdeen, sold vacant and ready for new owners. Spacious and light‐filled, it offers open‐plan living and effortless commute access. Ideal for first-time buyers or buy-to-let investors seeking a turn‐key opportunity.
    Key Features


    • Prime city‐centre location - put everything within walking distance.
    • Open‐plan lounge with a pass‐through to kitchen- perfect for modern, sociable living.
    • Double‐glazed windows & electric fire- cosy winter evenings guaranteed.
    • Easy transport access- quick links for commuters.
    • Sizable communal garden - private bottom‐floor access for outdoor space.

    📍 Location Highlights
    Located just steps from Aberdeen's vibrant Union Square, this home offers direct links to shops, cafés, bars, and the train station. University and hospital access are effortless, making it a convenient choice for professionals and students alike.
    📈 Investment Potential
    Rents 1‐bedroom flats in central Aberdeen average around £565/month to even £650/month
    Estimated Gross Yield: 11.5% - 13.2% This is an excellent return, especially in a city-centre location like Aberdeen. It strongly supports the flat's appeal to buy-to-let investors Let me know if you'd like the same for a mortgage yield estimate too

    Recent Sales Data
    The local market shows strong activity and healthy value growth. A nearby 1-bedroom flat on Chapel Street was recently listed at £140,000, demonstrating the demand for quality city-centre properties. In the AB10 1SN postcode, average sale prices sit around £88,500, with recent transactions ranging between £80,000 and £140,000.
    Hence, 51A Chapel Street stands out as a well-maintained alternative, offering immediate potential in a prime location with marginal refreshment required.

    Who This Is For

    • First‐time buyers start city‐centre life with a compact, affordable flat in good condition.
    • Buy‐to‐let investors reliable rental prospects with a healthy yield in a sought‐after area.

    More information

    See all recent sales in AB10

    Property descriptions and related information displayed on this page are marketing materials provided by - First Choice Property Auctions. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact First Choice Property Auctions for full details and further information.