1 bedroom flat for sale

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1 bedroom flat for sale

95, Longate, Flat B, Peterhead, AB421JU
£40,000

Our Summary

  • ** SALE BY AUCTION - 06 June 2025 - Deadline for Offers *****Well presented freehold 1 bedroom flat with vacant possession***Certain to appeal to first time buyers and investors*** Potential rental up to £475 pm / £5,700 pa*** ***Fantastic investment opportunity with high rental demand and potential rental of up to £475pm / £5,700 pa
  • This would represent a rental yield of over 16% against current guide price*** ***NEW TO AUCTION***GUIDE PRICE Low cost investment property***Guide price below £40,000***No ADS at guide price*** ***The property comprises: entrance hallway, lounge, kitchen, bedroom and bathroom
  • Auction Details06 June 2025, 12pm Deadline for OffersHow 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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  • ***Fantastic investment opportunity with high rental demand and potential rental of up to £475pm / £5,700 pa
  • ***NEW TO AUCTION***GUIDE PRICE Low cost investment property***Guide price below £40,000***No ADS at guide price***

Description

This is a freehold 1-bedroom flat in Peterhead, Aberdeenshire, which is being sold by auction on June 6, 2025. The property is presented in good condition and benefits from double glazing and gas central heating. With a guide price of under £40,000, it offers a low-cost investment opportunity with potential rental income of up to £475 per month (£5,700 per annum), representing a rental yield of over 16%. The property is situated close to amenities, including shops, supermarkets, bars, and restaurants, and is ideal for first-time buyers or investors looking for a quick renter. Peterhead is a thriving town with a rich history, a bustling harbour, and a range of outdoor activities, making it an attractive location for those looking to live and work in the area.