Longate, Peterhead AB42 2 bed flat for sale

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Longate, Peterhead AB42 2 bed flat for sale

Longate, Peterhead AB42
£44,000

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 Details29 January 2026, 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
  • AUCTION DATE: 29 January 2026

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.