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2 bedroom flat for sale
13 Saint Peter Street, Peterhead, AB42 1QB
£22,000
13 Saint Peter Street, Peterhead, AB42 1QB
£22,000
Our Summary
- Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously £52,000 in 2024 ***Property requires a degree of renovation
- Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own stamp on
- Sure to appeal to investors looking for an easy lettable property in a sought after location with great potential for Capital Growth
- The local areas seen some great sales recently showing that there is strong demand in the area which is also popular for rentals Property requires a degree of renovation
- *Potentially Very High Yielding* Property could generate £500 - £650 , which could provide an extremely impressive 27% - 35% gross yield based on the guide price of £22,000 The property is offered at a DISCOUNT to ensure a fast sale at auction
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
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Here is a summary of the property description in a single paragraph:
Prime Property Auctions presents a rare refurbishment opportunity in the heart of Peterhead, with a guide price of £22,000. The property, located on St. Peter Street, requires renovation and has potential for capital growth. With a prime location near local amenities and public transport, it's ideal for investors looking to utilize the BRRR strategy or for an owner occupier seeking a unique renovation project. The property has previously sold for £72,500 in 2020 and £52,000 in 2024, making it a discounted opportunity. With a potential gross yield of 27-35% based on the guide price, it's an attractive investment option. The property features a large entrance hallway, living room, kitchen, one large double bedroom, and bathroom, and is situated near the coast, making it a charming and sought-after location.