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2 bedroom apartment for sale
48 Prince Street, Peterhead, AB42 1QL
£72,000
48 Prince Street, Peterhead, AB42 1QL
£72,000
Our Summary
- With potential for renovation, it offers significant capital and rental growth, promising a rewarding return on investment
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- With potential for renovation, it offers significant capital and rental growth, promis
Description
This prime new listing presents a vacant 2-bedroom flat in Peterhead, Aberdeen, offering a rare opportunity for an ambitious investor to utilize the BRRR strategy. The property, located in a sought-after buy-to-let area, has significant potential for renovation, providing a rewarding return on investment through capital and rental growth. Once renovated, the property could achieve a rental income of £700 to £750 per month, resulting in an impressive annual income of £8,400 to £9,000, representing a 9% to 10% yield. With a guide price and a fantastic discount, this property is an excellent opportunity for a shrewd investor seeking multiple avenues of profit.