House for sale

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House for sale

2 Charlotte Street, Peterhead, Aberdeenshire, AB42 1EA
£47,000

Our Summary

  • Most recently let for £800pcm with realistic potential to raise to £1,000pcm (£12,000 per annum) offering an excellent return on investment of 21
  • The property could benefit from light interior renovations but no major structural overhaul is required- Easy buy-to-let investment in high demand rental area
  • The property will be sold under auction terms and conditions by Braveheart Auctions

Description

This spacious 3-bedroom house in Charlotte Street, Peterhead, is an excellent investment opportunity with a realistic potential to generate a monthly rental income of £1,000, offering a return on investment of 21.8%. The property, which has been recently let for £800pcm, is located in a high-demand rental area and is within walking distance of local shops, cafes, schools, and scenic coastal walks. The property itself is in need of light interior renovations, but no major structural overhaul is required. With its proximity to Aberdeen city and international airport, as well as the stunning coastal setting and renowned links golf course, this property is an attractive option for first-time buyers, families, or investors. The property is being sold under auction terms and conditions by Braveheart Auctions, with a guide price of £177,500.