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9 bedroom detached house for sale
Keyhead House, St Fergus, Peterhead, AB42 3HE
£265,000
Keyhead House, St Fergus, Peterhead, AB42 3HE
£265,000
Our Summary
- Excellent turn-key investment opportunity
- Sure to appeal to investors looking for an already lettable property in a great location with great potential to put your own stamp on it
- Opportunity to develop site for multiple uses
- (SUBJECT TO PLANNING) Fantastic local sales evidence: ***Tillyduff House, Greenwellheads, St
- High yielding investment opportunity
- 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
- The resilience of the energy sector, combined with local government support for infrastructure development, enhances property value potential and provides a stable investment environment
Description
This exceptional 9-bedroom house, 3-bedroom chalet, 7 static caravans, and 6 touring pitches are situated on just under 2 acres of land in Peterhead, a prime location near the St. Fergus Gas Terminal. The property has been previously used as a guest house and is currently producing approximately £120,000 per year, offering an astonishing 40.13% gross yield. With upcoming projects at the nearby gas terminal, including the new pipeline to the Boddam power station, there is a significant opportunity for increased bookings and a large influx of workers seeking nearby accommodation. The property has a flexible layout, allowing for short-term lets, HMO, or large family home, and could be developed for multiple uses (subject to planning). With local sales evidence of similar properties selling for £415,000, £470,000, and £200,000, this property presents a fantastic investment opportunity with a high yield and potential for capital growth.