BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

SUPERB 3 bed semi-detached home, in Cuminestown, Turriff. Located in a high demand rental area. *** REDUCED NOW £25000 BELOW HOMER REPORT VALUE*** Realistic rent of up-to £10,200 per annum. HIGH YIELD

Consists of: - Entrance hall, living room, large dining kitchen, three double bedrooms and a family bathroom. Further benefits from large rear garden, rear & side patio area. Free on street parking.

SALES EVIDENCE:- 78, High Street, Cuminestown, £160,000 Dec 2022; 73 High Street, Cuminestown, £197,000 Jun 2021; 86, High St, Cumiestown £167,000 Apr 2019; 64, High St, Cumiestown £125,000 Aug 2021

Easy to let property in HIGH DEMAND RENTAL LOCATION. Realistic rent in the area £1000pcm giving an annual income of £12,0000 and offering superb yield of 13% if achieved for guide price. FREEHOLD.

Cuminestown is a village in the Formartine area of Aberdeenshire, Scotland, and sits at the centre of the parish of Monquhitter.

SUPERB 3 bed semi-detached home, in Cuminestown, Turriff. Located in a high demand rental area. *** REDUCED NOW £25000 BELOW HOMER REPORT VALUE*** Realistic rent of up-to £10,200 per annum. HIGH YIELD requiring light refurbishment. Property Consists of: - Entrance hall, living room, large dining kitchen, three double bedrooms and a family bathroom. Further benefits from large rear garden, rear & side patio area. Free on street parking. SALES EVIDENCE:- 78, High Street, Cuminestown, £160,000 Dec 2022; 73 High Street, Cuminestown, £197,000 Jun 2021; 86, High St, Cumiestown £167,000 Apr 2019; 64, High St, Cumiestown £125,000 Aug 2021 Easy to let property in HIGH DEMAND RENTAL LOCATION. Realistic rent in the area £1000pcm giving an annual income of £12,0000 and offering superb yield of 13% if achieved for guide price. FREEHOLD.

Cuminestown is a village in the Formartine area of Aberdeenshire, Scotland, and sits at the centre of the parish of Monquhitter. It is approximately 6 miles from Turriff and New Deer, 10 miles from Macduff and Banff and 15 miles from Fraserburgh Situated close by is the town of Turriff, which is located approximately 35 miles north west of Aberdeen. The town is well placed for commuting as one of the areas principal service centres. There is an extensive industrial base, mainly centred around the agricultural industry, although there is also a significant manufacturing industry based around the Markethill industrial area. The town offers a wide range of services which includes a vibrant town centre, primary schools, secondary school, industrial park, hospital, supermarket and a variety of other community facilities. There is a Tesco Supermarket in Turriff.

Full Address: 87 High Street, Cuminestown, AB53 5YH

Show More

Document Downloads

Home Report (Available) Legal Pack (Available)

Video Property Tour

View Video Presentation on Youtube

Pricing Information & Bidding

Opening Bid: £87,000

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.

View Live Online Auction

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.

Submit Offer Now

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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 14 November 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue