Affordable properties in Aberdeen under £40,000

Explore a selection of properties in Aberdeen priced at £40,000 and below.

Introduction to affordable housing in Aberdeen

Aberdeen, known for its rich history and vibrant culture, is also home to a variety of affordable housing options. For those looking to enter the property market without breaking the bank, there are several properties currently available for £40,000 or less. This article highlights some of the best bargains on the market, providing potential buyers with a glimpse of what they can find in this beautiful city.

Studio apartment on Granite Mile

One of the standout options is a third-floor studio apartment located along the iconic Granite Mile, nestled between Correction Wynd and Belmont Street. Priced at a fixed £38,000, this property offers an affordable living space in the heart of the city. The studio features double glazing and electric heating, ensuring comfort throughout the year. Recently refurbished to a high standard, it is part of a well-maintained granite building, making it an attractive option for first-time buyers or investors.

One-bedroom flat on Great Northern Road

Another affordable choice is a one-bedroom flat situated on Great Northern Road in the Woodside area, listed for offers over £28,000. Although it requires refurbishment, this ground-floor property presents an ideal project for first-time buyers or buy-to-let investors. The kitchen has been stripped, ready for a new installation, while the bathroom is also prepared for easy renovation. This property is perfect for those looking to invest in a project that can be tailored to their personal taste.

Top-floor flat on Jamaica Street

For those seeking a central location, a one-bedroom top-floor flat on Jamaica Street is available for offers over £35,000. Located just off the north end of George Street, this property is ideal for anyone wanting to live close to the city center. Forming part of a traditional granite building, it offers a fantastic opportunity for renovation enthusiasts or investors looking to create their dream space. With its prime location and potential for customization, this flat is a compelling option.

Studio apartment on Holburn Street

A one-bedroom studio apartment on Holburn Street is also on the market for offers over £37,500. This top-floor flat, which is sold as seen, requires some refurbishment but features a double bedroom and access to a shared garden. This property is perfect for those who appreciate the charm of a studio living space and are willing to invest in some updates to make it their own.

Strachan Mill Court sheltered housing

Lastly, a one-bedroom flat in the Strachan Mill Court sheltered housing development on Leadside Road is available for those over 60. This third-floor property represents excellent value for money, featuring security entry, electric heating, and double glazing. Residents benefit from floor and lift access, along with a pull chord system linked to a 24-hour warden care service. Additionally, social events are organized for residents, and guest rooms are available for visitors at a nominal charge, making it a welcoming community for seniors.

Conclusion

With a variety of properties available for under £40,000, Aberdeen offers numerous opportunities for first-time buyers and investors alike. Whether you are looking for a studio apartment or a one-bedroom flat, the options highlighted in this article provide a glimpse into the affordable housing market in this vibrant city.