2 Bedroom  Flat LOT 25

75 Longate, Peterhead, AB42 1JE
BIDDING OPENS in...

Description

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

***Well presented freehold 2 bedroom flat with vacant possession***Certain to appeal to first time buyers and investors*** Potential rental up to £600 pm / £7,200 pa***

***Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa. This would represent a rental yield of over 14% against current guide price***

***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase***

***The property comprises: entrance hallway, lounge, kitchen, 2 bedrooms and bathroom. Benefits include double glazing and gas central heating via a modern combi boiler***

Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Great opportunity for buy-to-let investor looking for quick renter.

***Well presented freehold 2 bedroom flat with vacant possession***Certain to appeal to first time buyers and investors*** Potential rental up to £600 pm / £7,200 pa*** ***Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa. This would represent a rental yield of over 14% against current guide price*** ***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase*** ***The property comprises: entrance hallway, lounge, kitchen, 2 bedrooms and bathroom. Benefits include double glazing and gas central heating via a modern combi boiler*** ***Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Great opportunity for buy-to-let investor looking for quick renter***

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. 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: 75 Longate, Peterhead, AB42 1JE

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Pricing Information & Bidding

Opening Bid: £40,000

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: 17 April 2025, 10am-3pm
Type: Timed Online Auction

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