Timed Online Auction

27 January 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 61 Cross Street, 2nd Floor Flat, Fraserburgh, AB43 9EL

PRIME MODERN BUY TO LET 2nd Floor 1 bedroom flat with excellent rental potential up to 4,200 pa. Potential 15-20% Revenue Yield. Popular residential area with high rental demand situated on the periphery of Fraserburgh town centre. Close to harbour and all local amenites.

Internally Comprises - Entrance hall, lounge, bedroom, kitchen and bathroom with w.c. Modern internal condition with fitted kitchen & appliances. Bathroom suite & modern decor.

Excellent rental opportunity with potential for 350 per month 4,200 pa. High demand from professional tenants with local industries including fishing and energy sectors.

A self-contained flatted dwellinghouse occupying part of the second floor of a four storey end- terraced tenement building, containing six flats and having two shops at ground floor level.

The subjects are situated within an established mixed residential and commercial area on the periphery of Fraserburgh town centre, adjoining a busy main road in the town. Other properties in the vicinity are generally in mixed use, and adequate amenities can be found within easy reach.

PRIME MODERN BUY TO LET 2nd Floor 1 bedroom flat with excellent rental potential up to 4,200 pa. Potential 15-20% Revenue Yield. Popular residential area with high rental demand situated on the periphery of Fraserburgh town centre. Close to harbour and all local amenites. Internally Comprises - Entrance hall, lounge, bedroom, kitchen and bathroom with w.c. Modern internal condition with fitted kitchen & appliances. Bathroom suite & modern decor. Property will require a degree of renovation prior to habitation. Excellent rental opportunity with potential for 350 per month 4,200 pa. High demand from professional tenants with local industries including fishing and energy sectors. Sure to appeal to buy to let investor looking for a property with capital growth potential and super rental yield once tenanted and brought up to modern standards.

The subjects are situated within an established mixed residential and commercial area on the periphery of Fraserburgh town centre, adjoining a busy main road in the town. Other properties in the vicinity are generally in mixed use, and adequate amenities can be found within easy reach.

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Location

Pricing Information & Bidding

Opening Bid: £17,000

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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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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