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Description

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

***Budget investment property*** Offered with vacant possession*** potential rental of £625 pm / £7,500 pa, which represents 12.5% yield against guide price***

***The property comprises, entrance hallway, lounge, kitchen, bathroom and 2 bedrooms. Double glazing. *** A modest level of modernisation will enhance the value and appeal of the property***

***Great budget level property for the new investor or experienced operator looking to add a solid yielding rental property to their portfolio***

***Recent sales evidence*** 87 St Andrews Dr. Apr 24. £75,000 13 St Andrews Dr. Mar 24. £75,000 170 St Andrews Dr. June 23. £75,000 122 St Andrews Dr. May 23. £105,000***

***Budget investment property*** Low guide price***Solid potential rental yield of 12.5% against guide price*** Full vacant possession*** Low guide price to ensure auction sale***

***Budget investment property*** Offered with vacant possession*** potential rental of £625 pm / £7,500 pa, which represents 12.5% yield against guide price*** ***The property comprises, entrance hallway, lounge, kitchen, bathroom and 2 bedrooms. Double glazing. *** A modest level of modernisation will enhance the value and appeal of the property*** ***Great budget level property for the new investor or experienced operator looking to add a solid yielding rental property to their portfolio*** ***Recent sales evidence*** 87 St Andrews Dr. Apr 24. £75,000 13 St Andrews Dr. Mar 24. £75,000 170 St Andrews Dr. June 23. £75,000 122 St Andrews Dr. May 23. £105,000*** ***Budget investment property*** Low guide price***Solid potential rental yield of 12.5% against guide price*** Full vacant possession*** Low guide price to ensure auction sale***

Located within the main town of Fraserburgh close to mall shops and amenities and Fraserburgh’s harbour. This area includes a variety of impressive traditional buildings including: the Faithlie Centre, a building which has recently been restored and provides space for a range of Council services and community functions; traditional terraces that comprise a mix of ground floor shops and commercial premises, as well as tenement flats and Fraserburgh Old Parish Church, a Classical Georgian Church dating from 1801. The coastal town of Fraserburgh is positioned at the far north-east corner of Aberdeenshire some 42 miles to the north of Aberdeen. It has a rich cultural and historic heritage that is based around its fishing industry and it still remains a major whitefish and shellfish port and a busy commercial harbour. The town has a population of circa 13,500 and is the major retail, commercial and administrative centre for the Banff and Buchan District of Aberdeenshire. Its facilities include a local hospital, a secondary school and a College of Higher Education, an 18 hole golf course, a Community and Sports Centre and miles of sandy beaches that provide some of the best windsurfing conditions in the country.

Full Address: 73 St Andrews Drive, Fraserburgh, AB43 9AW

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Pricing Information & Bidding

Opening Bid: £48,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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