Queen Street, Peterhead AB42 3 bed flat for sale

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Queen Street, Peterhead AB42 3 bed flat for sale

17, Queen Street, Peterhead, AB421TN
£70,000

Our Summary

  • ** SALE BY AUCTION - 28 February 2025 - Deadline for Offers **IMMEDIATE INCOME PRODUCING INVESTMENT WITH SECURE LONG-TERM TENANT
  • 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 Details28 February 2025, 12pm Deadline for OffersHow 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
  • Contact Us now for a FREE Auction Valuation

Description

This is a large 3-bedroom HMO main door duplex property located in Peterhead, a popular town in Aberdeenshire, currently tenanted at £650 per month (£7,800 per annum). The property features an entrance hallway, large lounge with dining area, large dining kitchen, bathroom, and three large double bedrooms, enhanced by gas central heating and double glazing. The tenants have been in place for approximately 10 years and have a perfect payment history, with 20 years remaining on the lease of the business below, which they manage. The property has huge potential for increased rental income, with the option to rent individual rooms, and is situated in a prime rental location. The town of Peterhead is a popular fishing and commuting town with access to Aberdeen City Centre in around 45 minutes, offering a range of amenities and activities for outdoor enthusiasts. The property is being sold by auction on February 28, 2025, with a deadline for offers, and is expected to attract a lot of interest due to its secure long-term tenant and potential for increased rental income.
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