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Longate, Peterhead AB42 2 bed flat for sale
Longate, Peterhead AB42
£40,000
Our Summary
- *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
- Great opportunity for buy-to-let investor looking for quick renter* Auction Details17 April 2025, 10am-3pm Timed 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
- ***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***
- AUCTION DATE: 17 April 2025
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 ideal for first-time buyers and investors alike. The property features an entrance hallway, lounge, kitchen, two bedrooms, and a bathroom, all equipped with modern double glazing and gas central heating. Located close to amenities, including shops, supermarkets, bars, and restaurants, it's a great opportunity for a buy-to-let investor looking for a quick renter. With a substantial discount and equity on offer, the guide price has been set at £15,000 below the Home Report valuation, making it an attractive purchase. The property is set to go under the hammer at a timed online auction on April 17, 2025, with bidding open now.