4-Bed HMO in Aberdeen

HMO, Turnkey 4-bed HMO in Aberdeen, fully tenanted & licensed

Secure an immediate cash-flowing asset in one of Aberdeen's most established rental hotspots, driven by its dual-demand location near the University of Aberdeen and the Aberdeen Royal Infirmary (Foresterhill). This spacious 4-bedroom, 2-bathroom HMO (First & Attic Floors) offers a 10% Gross Yield with a current rental income of £1,600 pcm.
This property is a turnkey investment with existing compliant tenancies, as well as up-to-date safety certifications (Gas & EICR).

Financial Highlights
• Asking Price: Offers around £185,000.
• Current Rental Income: £1,600 pcm (£19,200 pa).
• ROCE: 11%
• Gross Yield: 10%.
• Net Return (Projected): 15%+ (based on 75% LTV at 5% interest).
• Freehold status with no monthly management fees.

Property Specifications
• Layout: Purpose-built first and attic floor flat (approx. 139 m²).
◦ First Floor: Living room, dining kitchen, bedroom 1, bathroom.
◦ Attic Floor: Three bedrooms, shower room.
• Construction: Traditional solid stone walls, pitched slate roof, double-glazed UPVC windows.
• Heating: Gas-fired Vaillant boiler (replaced ~5 years ago) with radiators throughout.
• Compliance: Current HMO License in place. Gas Safety Record (Oct 2025) and EICR (Jan 2026) are valid and compliant.

Location & Market Demand
• Neighbourhood: Established residential area in Aberdeen (AB24), close to major employers, hospital and universities.
• Rental Demand: High. Local comparables suggest rents could potentially reach £1,800 pcm.
• Vacancy Risk: Minimal. The property is currently fully tenanted with a history of on-time payments.

Why This Deal?
• Immediate Income: No void periods; tenants are in situ.
• Refinance Potential: Purchase at £185k against a £190k valuation offers immediate equity for capital recycling.
• Resilient Yields: The 15%+ net return remains robust even under stress scenarios.
• Transparency: Full due diligence pack available including Home Report, Investment Pack, and EPC.

Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.
• Legal conveyancing team available if required.