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Queen Street, Peterhead AB42 3 bed flat for sale
Queen Street, Peterhead AB42
£56,000
Queen Street, Peterhead AB42
£56,000
Our Summary
- HUGE POTENTIAL* There is a demand for accommodations in Peterhead due to ongoing work at the power station, which will last for five years
- 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
- AUCTION DATE: 17 April 2025
Description
This is an immediate income-producing investment opportunity featuring a large 3-bedroom HMO main door duplex property in Peterhead, Scotland. The property is currently tenanted at £650 per month (£7,800 per annum) and has a long-term tenant with a perfect payment history, having occupied the flat for nine years. The tenant has indicated their intention to remain in the property for the next nine years and beyond, providing extremely secure income. The property also has a HMO licence, allowing for the potential to increase the rental income by renting individual rooms. With a demand for accommodations in Peterhead due to ongoing work at the power station, this property offers huge potential for growth. The property is located in a prime rental location, with gas central heating and double glazing, and is situated in a popular fishing and commuting town with access to Aberdeen City Centre in around 45 minutes.