3 Bed Terraced House, Single Let, Aberdeen, AB16 7PJ, £75,000

Marchburn Drive, Aberdeen, Aberdeenshire, AB16 7PJ - 24 days ago

Auction
BTL
ROI: 21%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£94.6K - £400K

 

 

Square Metres

~93 m²

Value Estimate

£90,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£750 - £2,167

Rent Estimate

£832

Running Costs/mo

£421

Cashflow/mo

£411

Cashflow/yr

£4,935

ROI

21%

Gross Yield

13%

Local Sold Prices

24 sold prices from £94.6K to £400K, average is £144K.

PriceDateDistanceAddressBeds 
£145K03/240.04 mi65, Marchburn Crescent, Aberdeen, Abn AB16 7PB3
£115K08/240.16 mi29, Marchburn Crescent, Aberdeen, Abn AB16 7NJ3
£140K06/240.37 mi2, Cruden Crescent, Aberdeen, Aberdeenshire AB16 7JP3
£133K04/240.46 mi18, Stewart Crescent, Aberdeen, Aberdeenshire AB16 5XY3
£100K03/240.48 mi95, Manor Avenue, Aberdeen, Abn AB16 7UT3
£123K06/240.58 mi271, Birkhall Parade, Aberdeen, Aberdeenshire AB16 5RB3
£150K05/240.83 mi35, Kepplehills Road, Bucksburn, Aberdeen, Aberdeenshire AB21 9DP3
£146K07/240.92 mi69, Arnage Drive, Aberdeen, Aberdeenshire AB16 6US3
£140K08/240.92 mi9, Wagley Parade, Bucksburn, Aberdeen, Abn AB21 9UB3
£108K07/240.97 mi6, Gillahill Place, Aberdeen, Aberdeenshire AB16 6XP3
£137.5K08/241 mi57, Sheddocksley Road, Aberdeen, Abn AB16 6PR3
£200K05/241.14 mi5, Don Court, Woodside, Aberdeen, Aberdeenshire AB24 2UW3
£135K07/241.2 mi103, Cornhill Gardens, Aberdeen, Aberdeenshire AB16 5NE3
£135K02/241.32 mi10, Barra Walk, Aberdeen, Aberdeenshire AB16 6EA3
£193K06/241.34 mi72, Hilton Avenue, Aberdeen, Aberdeenshire AB24 4LP3
£145K05/241.38 mi22, Ronaldsay Road, Aberdeen, Aberdeenshire AB15 6ND3
£175K05/241.56 mi43, Donbank Terrace, Aberdeen, Aberdeenshire AB24 2SD3
£232K08/242.1 mi37, Wellside Place, Kingswells, Aberdeen, Abn AB15 8EY3
£178K08/242.21 mi1, Slains Lane, Bridge Of Don, Aberdeen, Abn AB22 8UA3
£255K04/242.25 mi93, Burnieboozle Crescent, Aberdeen, Aberdeenshire AB15 8NS3
£143K02/242.55 mi61, Ashwood Avenue, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8XH3
£400K02/242.56 mi10, Seafield Gardens, Aberdeen, Aberdeenshire AB15 7YB3
£94.6K08/242.64 mi39, Danestone Terrace, Bridge Of Don, Aberdeen, Abn AB23 8HQ3
£197.5K06/242.68 mi1, Ashwood Parade, Bridge Of Don, Aberdeen, Aberdeenshire AB22 8PS3

Local Rents

24 rents from £750/mo to £2.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£75001/240.35 mi-3
£75001/240.35 mi-3
£75001/240.35 mi-3
£89503/250.47 mi-3
£2,16703/250.47 mi-3
£95012/240.49 mi-3
£85003/250.62 mi-3
£95002/250.67 mi-3
£1,20012/240.7 miMugiemoss Place, Bucksburn, Aberdeen, AB213
£1,19003/250.7 mi-3
£1,20002/240.7 mi-3
£90001/250.78 mi-3
£90012/240.78 miMiltonfold, Bucksburn, Aberdeen, Aberdeen, AB213
£83012/240.78 mi-3
£1,05001/240.79 mi-3
£1,05001/240.79 mi-3
£1,05001/240.79 mi-3
£1,05001/240.79 mi-3
£1,10001/240.79 mi-3
£75012/240.95 miWagley Place, Aberdeen, Aberdeenshire, AB213
£95003/250.96 mi-3
£84902/251.13 mi-3
£84902/251.13 mi-3
£84903/251.13 mi-3

Local Area Statistics

 

 

Rental growth (12m)

+40%

Sales demand

Seller's market

Capital growth (5yrs)

-11%

Property History

Listed for £75,000

March 6, 2025

Floor Plans

Description

  • Open Viewing Tuesday 11th March 12:30pm - 1pm +
  • Open Viewing Thursday 20th March 3pm - 3:30pm +
  • Home Report £100,000 +
  • £25,000 discount on home report value +
  • Three bedroom terraced house +
  • Buy to let opportunity +

Three bedroom mid terraced house
This fantastic three bedroom mid terraced house on Marchburn Drive, Aberdeen. The accommodation comprises an entrance hallway, spacious lounge, kitchen with a range of wall and base units and bathroom suite with shower over bath. On the first floor there are three double bedrooms one with integrated storage. The property also has garden space to the front and rear. This property would benefit from some refurbishment but would make a fantastic buy to let investment with similar properties achieving £900 per calendar month. To ensure you do not miss out on this opportunity early viewing is highly recommended. Council Tax Band: B. EPC Rating: C.

Marchburn Drive forms part of Northfield, an area which lies to the north of Aberdeen city centre and enjoys easy access to Anderson Drive Aberdeen's main arterial route therefore to the business centres to the north and south of the city. The hospital complex at Foresterhill is nearby and the city centre is only some 10 minutes’ drive from the property. Local amenities are available within walking distance and regular public transport to many parts of the city including Aberdeen University is available nearby.

PURCHASER NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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Agent Details

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0141 673 7275

Next Steps?

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