1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Wallace Street, Peterhead AB42
£27,000

Our Summary

  • Property has been very-well maintained but would benefit from some modernisation
  • Auction Details02 May 2024, 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
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Description

This is an investment property located in the Aberdeenshire town of Peterhead, with a potential rental income of £5,100 per annum. The property is a one-bedroom flat on the first floor, with an entrance hallway, lounge, kitchen, double bedroom, and bathroom. Although the property has been well-maintained, it would benefit from some modernisation. The location is highly desirable, within minutes of the famous harbour, which drives high rental demand. Recent sales in the area include 2 Wallace Street, Peterhead, which sold for £70,000 in May 2021, and 4 Wallace Street, Peterhead, which sold for £95,000. The property is being auctioned off on May 2, 2024, at 10am, with a reduced buyers fee of 3% of the sale price (minimum £3,250 + VAT).
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