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Description

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

SUPER INVESTMENT PROPERTY 2 bedroom flat located in St Mary Street, Peterhead. Potential rental of £525pcm (£6,300 per annum). HIGH POTENTAIL YIELD *** RICS HOME REPORT SURVEY VALUE £50,000 ***

PROPERTY comprises Entrance Hallway, lounge diner kitchen, 2 bedrooms & Bathroom. Property has been very-well maintained with the kitchen and bathroom recently refurbished. *RICS HOME REPORT £50,000*

EXCELLENT LOCAL SALES EVIDENCE:- 20b, St. Mary Street, 2 bed, sold for £48,000 14 Feb 2024; 8, St. Mary Street sold for £75,000 Oct 2022; 46, Prince Street sold for £142,000 April 2024. **FREEHOLD**

HIGH RENTAL DEMAND LOCATION driven by popular residential location. REALISITC POTENTIAL RENTAL INCOME OF OVER £6,300 PER ANNUM (£525pcm). Property in excellent conditions. IDEAL RENTAL PROPERTY. EPC D

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 Top Floor flat located in St Mary Street in the Aberdeenshire Port town of Peterhead. Potential rental of £525pcm (£6,300 per annum). HIGH POTENTAIL YIELD *** RICS HOME REPORT SURVEY VALUE £50,000 *** PROPERTY comprises Entrance Hallway, lounge diner, kitchen, 2 double bedrooms and a family bathroom. Property has been very-well maintained with the kitchen and bathroom recently refurbished. *** RICS HOME REPORT SURVEY VALUE £50,000 *** EXCELLENT LOCAL SALES EVIDENCE:- 20b, St. Mary Street, 2 bed, sold for £48,000 14 Feb 2024; 8, St. Mary Street sold for £75,000 Oct 2022; 46, Prince Street sold for £142,000 April 2024. EPC D HIGH RENTAL DEMAND LOCATION driven by popular residential location. REALISITC POTENTIAL RENTAL INCOME OF OVER £6,300 PER ANNUM (£525pcm). Property in excellent conditions. IDEAL RENTAL PROPERTY.

Peterhead is Aberdeenshire's 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. The coastal town of Peterhead is steeped in history and the largest town settlement in Aberdeenshire with a population of approximately 18,500 residents. Founded in 1593, it developed as a port and functioned briefly as a fashionable 18th-century spa. By the early 19th century it had become the chief British whaling centre for Scotland and is currently one of the largest white fish markets in Europe. Peterhead is the most Eastern port in Scotland with a thriving harbour and bustling fish market providing a service to the fishing, oil and gas and other maritime industries. The town centre is a short distance from the property and provides all that one would expect from modern-day living, including a multitude of local shops, pubs, restaurants, eateries galore and major supermarkets. There are NHS facility’s available with a choice of primary schools with higher education available at Peterhead Academy.

Full Address: 20c St Mary Street, Peterhead, AB42 1TB

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Pricing Information & Bidding

Opening Bid: £23,000

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).

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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: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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