GUIDE PRICE

Deadline for Offers

22 January 2021, 4pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 23B Maiden Street, Peterhead, AB42 1EE

HIGH YIELDING INVESTMENT OPPORTUNITY - PRICED FOR QUICK AUCTION SALE. Studio apartment located in the coastal town of Peterhead. Sure to appeal to investors looking for an affordable investment.

Property Comprises: First floor - living room/bedroom with kitchenette off, shower room. EPC RATING = D

*** 11a, Maiden Street, Peterhead, Aberdeenshire AB42 1EE sold for 40,000, 27 Flat E, Maiden Street, Peterhead, Aberdeenshire AB42 1EE sold for 52,000 ***

Excellent Investment Property with an achievable rental of 275 - 300 pcm. This would provide an annual rental income of 3,300 - 3,600.

The property forms part of an established area of mixed residential and commercial usage immediately adjacent to Peterhead town centre. Locally, there is a reasonable range of services available.

HIGH YIELDING INVESTMENT OPPORTUNITY - PRICED FOR QUICK AUCTION SALE. Studio apartment located in the coastal town of Peterhead. Sure to appeal to investors looking for an affordable investment. Property Comprises: First floor - living room/bedroom with kitchenette off, shower room. EPC RATING = D Excellent Investment Property with an achievable rental of 275 - 300 pcm. This would provide an annual rental income of 3,300 - 3,600. Property would provide high cash on cash return with the potential yield of 36% if achieved for Guide price. *** 11a, Maiden Street, Peterhead, Aberdeenshire AB42 1EE sold for 40,000, 27 Flat E, Maiden Street, Peterhead, Aberdeenshire AB42 1EE sold for 52,000 ***

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.

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Floorplans

23B  Maiden Street  Peterhead

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Location

Pricing Information & Bidding

Guide Price: £26,500


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.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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 = 1.25% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 22 January 2021, 4pm
Type: Deadline for Offers

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