Deadline for Offers

14 May 2021, 4pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 4
  • Council Tax Search SAA

Description

Full Address: 84 Commerce St, Portfolio of 2 Flats, Fraserburgh, AB43 9LP

**IDEAL PURCHASE FOR INVESTOR** Portfolio of 2 x 2 Bedroom flats in move in condition in the popular Harbour town of Fraserburgh. GUIDE FURTHER REDUCED BY 10,000, FANTASTIC POTENTIAL YIELD OF 15%.

Flats A and C are in good decorative order with double glazing and gas central heating. Flat A has a separate kitchen and living room, shower room and W.C while Flat C enjoys open plan living.

Realistic rent for both would be around 500pcm giving a total annual income of 12,000.00 and offering an incredible yield of 15% if achieved for guide price.

Property has recently had the roof repaired and maintained to a cost of 11000 and the entrance doors have been fully refurbished.

Fraserburgh is a busy town close to Aberdeen and Peterhead, the town has good travel links with train and bus, with close by education and leisure facilities. Only a one hour drive to Aberdeen city

**IDEAL PURCHASE FOR INVESTOR** Portfolio of 2 x 2 Bedroom flats in move in condition in the popular Harbour town of Fraserburgh. GUIDE FURTHER REDUCED BY 10,000, FANTASTIC POTENTIAL YIELD OF 15%. Flats A and C 84 Commerce street are in good decorative order with double glazing and gas central heating. Flat A has a separate kitchen and living room, shower room and W.C while Flat C enjoys open plan living. Both properties have been recently decorated and could be lived in immediately. Ideal project for investor looking to start or grow their portfolio. Realistic rent for both would be around 500pcm giving a total annual income of 12,000.00 and offering an incredible yield of 15% if achieved for guide price. Property has recently had the roof repaired and maintained to a cost of 11000 and the entrance doors have been fully refurbished. All sensible offers considered- Please contact the Edinburgh sales office on 0131 225 2299 for further information including videos of each flat.

Fraserburgh is a busy town close to Aberdeen and Peterhead, the town has good travel links with train and bus, with close by education and leisure facilities. Only a one hour drive to Aberdeen city. The property is located a short walk from the town centre where there are many local amenities including local convenience stores, post office, bakers, butchers and both Primary & Secondary Schools

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Location

Pricing Information & Bidding

Guide Price: £80,000


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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 14 May 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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