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Guide Price
£76,000


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23 May 2024, 3pm

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 2
  • Council Tax: Search

SUPER INVESTMENT PROPERTY. 2 bedroom MAISONETTE flat located by the bustling harbour in the Aberdeenshire Port town of Peterhead. Potential rental of £825pcm (£9,900 per annum). HIGH POTENTAIL YIELD

2 bed first & upper floor MAISONETTE flat comprises entrance hallway, lounge, kitchen diner, Bedroom 1 & 2 and Bathroom. Property has been well maintained. Further benefits from GCH, DG & rear garden

Realistic Rent of up to £825pcm giving an income of £9.900 per annum would give a FANTASTIC YIELD OF APPROX. 13% if property was secured for the guide price advertised. *** HIGH POTENTIAL YIELD ***

FANTASTIC SALES EVIDENCE:- 140, Queen St, sold for £137,000 Sep 2022; 128, Queen St, sold for £106,482 May 2022; 126, Queen St, sold for £105,000 Jun 2023; 136, Queen St, sold for £128,000 May 2019.

Peterhead is the largest town in Aberdeenshire with a resident population of over 19,000 and a massive influx of visitors through 'Europe's largest fishing Port' driving high rental demand.

SUPER INVESTMENT PROPERTY. 2 bedroom MAISONETTE flat located by the bustling harbour in the Aberdeenshire Port town of Peterhead. Potential rental of £825pcm (£9,900 per annum). HIGH POTENTAIL YIELD 2 bed first & upper floor MAISONETTE flat comprises entrance hallway, lounge, kitchen diner, Bedroom 1, & 2 and Bathroom. Property has been very-well maintained. Further benefits from GCH, DG & exclusive section of rear garden and two stone sheds. Realistic Rent of up to £825pcm giving an income of £9.900 per annum would give a FANTASTIC YIELD OF APPROX. 13% if property was secured for the guide price advertised. *** HIGH POTENTIAL YIELD *** FANTASTIC SALES EVIDENCE:- 140, Queen St, sold for £137,000 Sep 2022; 128, Queen St, sold for £106,482 May 2022; 126, Queen St, sold for £105,000 Jun 2023; 136, Queen St, sold for £128,000 May 2019. Situated in the heart of the town centre is this two bedroom first and upper floor MAISONETTE. The property benefits from gas central heating, double glazing and will be sold with all fitted floor coverings, light fittings and blinds. The accommodation is laid out over two floors and is generous in size. This property would make a fabulous first time home or investment property.

Queen Street is one of the main streets in Peterhead and is within walking distance of many amenities including shops, supermarkets, schools, community centre and beachfront. Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away, offering commuting distance. Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Local pursuits include yachting, canoeing, hillwalking, shooting/hunting, golf and fishing, making the town ideal for the outdoor enthusiast. Peterhead is a coastal fishing town on the A90 approximately 30 miles north of Aberdeen which is ideal for commuting to the city, the airport and nearby towns such as Ellon. There are good bus links to the city and surrounding areas. There is also a Park & Ride facility at Ellon which is popular with commuters. Peterhead itself has a good range of amenities including a variety of shops, supermarkets, restaurants, hotels, sporting facilities and a community centre.

Full Address: 118 Queen Street, Peterhead, AB42 1TY

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Pricing Information & Bidding

Guide Price: £76,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 23 May 2024, 3pm
Type: Deadline for Offers

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