2 Charlotte Street, Peterhead... 3 bed house for sale

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2 Charlotte Street, Peterhead... 3 bed house for sale

2 Charlotte Street, Peterhead, Aberdeenshire, AB42 1EA
£49,000

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 3-bedroom house in Peterhead, Scotland, offers a lucrative investment opportunity with a realistic potential to raise the rent from £800 to £1,000 per month, generating an impressive 21.8% return on investment. The property, located in a high-demand rental area, is within walking distance to local amenities, schools, and coastal walks. With its large lounge, kitchen, and three double bedrooms, the property is ideal for families or first-time buyers. The town of Peterhead is a popular fishing port with employment opportunities, and its proximity to Aberdeen city and international airport makes it an attractive location. The property, sold under auction terms, has a rental history of £800 per month and is priced at £177,500. With its stunning coastal setting, renowned links golf course, and massive rental demand, this property is an excellent opportunity for investors or those looking for a great return on investment.