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2 bed property, in 75, £34,000
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2 bed flat

75, Longate, Peterhead AB421Je AB42
Auction
£34,000
-15.0%

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Price History

Initial price £40,000
Apr 23, 2025 £53,000
Apr 26, 2025 £38,000
May 3, 2025 £53,000
May 10, 2025 £43,000
May 17, 2025 £53,000
May 24, 2025 £43,000
May 31, 2025 £55,000
Jun 7, 2025 £44,000
Jun 13, 2025 £55,000
Jun 18, 2025 £53,000
Jun 21, 2025 £43,000
Jun 25, 2025 £37,000
Jun 27, 2025 £44,000
Jul 9, 2025 £37,000
Jul 12, 2025 £49,000
Jul 19, 2025 £37,000
Aug 9, 2025 £55,000
Aug 16, 2025 £44,000
Dec 13, 2025 £54,000
Dec 31, 2025 £44,000
Apr 3, 2026 £34,000
Price Change -15.0%

Our Summary

  • AUCTION DATE: 29 January 2026
  • ***Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa
  • ***new to auction***guide price £15,000 below home report valuation*** Substantial discount and equity on this purchase***
  • ***Fantastic investment opportunity with high rental demand
  • ** sale by auction - 26 February 2026 - Timed Online Auction *****Well presented freehold 2 bedroom tenanted flat***Certain to appeal to first time buyers and investors*** Rental income of £474pm £5,700pa*** ***Fantastic investment opportunity with high rental demand
  • Turnkey investment with sitting tenant*** ***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
  • Auction Details26 February 2026,10am-3pmTimed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
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Description

This well-presented 2-bedroom freehold flat is a fantastic investment opportunity, offering a potential rental yield of over 14% against its guide price. With vacant possession, it's certain to appeal to first-time buyers and investors alike. The property boasts a modern combi boiler, double glazing, and gas central heating, making it a comfortable and energy-efficient living space.

Located close to amenities, including shops, supermarkets, bars, and restaurants, it's an ideal spot for a quick renter. With a guide price £15,000 below its Home Report valuation, this represents a substantial discount and equity on the purchase. The property consists of an entrance hallway, lounge, kitchen, two bedrooms, and a bathroom, providing ample space for living and relaxation.

With the potential to generate £7,200 per annum in rental income, this property is a great opportunity for investors looking to capitalize on Scotland's growing rental market.