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1 bedroom ground floor flat for sale
Wallace Street, Peterhead AB42
£27,000
Wallace Street, Peterhead AB42
£27,000
Our Summary
- Property has been very-well maintained but would benefit from some modernisation
- Auction Details08 August 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
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
This is a fantastic investment opportunity in Peterhead, Aberdeenshire, a bustling port town with a high demand for rental properties. The first-floor flat, located just minutes from the famous harbour, offers a potential rental income of over £5,000 per annum (£425pcm). The property, which has been well-maintained but could benefit from some modernization, features an entrance hallway, lounge, kitchen, double bedroom, and bathroom. With a reduced buyers fee of 3% of the sale price (minimum £3,250 + VAT), this is an excellent chance to secure a high-yielding investment property. Recent sales in the area have reached prices of up to £95,000, demonstrating the area's potential for growth and rental income.