Longate, Flat B, Peterhead AB42 1 bed flat for sale

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Longate, Flat B, Peterhead AB42 1 bed flat for sale

Longate, Flat B, Peterhead AB42
£27,000

Our Summary

  • *Well presented freehold 1 bedroom flat with vacant possession*Certain to appeal to first time buyers and investors* Potential rental up to £475 pm / £5,700 pa* *Fantastic investment opportunity with high rental demand and potential rental of up to £475pm / £5,700 pa
  • This would represent a rental yield of over 16% against current guide price* *NEW TO AUCTION*GUIDE PRICE Low cost investment property*Guide price below £40,000*No ADS at guide price* *The property comprises: entrance hallway, lounge, kitchen, bedroom and bathroom
  • Great opportunity for buy-to-let investor looking for quick renter* Auction Details29 May 2025, 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
  • ***Fantastic investment opportunity with high rental demand and potential rental of up to £475pm / £5,700 pa
  • ***NEW TO AUCTION***GUIDE PRICE Low cost investment property***Guide price below £40,000***No ADS at guide price***
  • AUCTION DATE: 29 May 2025

Description

This well-presented freehold 1-bedroom flat is being offered for auction with vacant possession, making it an attractive opportunity for first-time buyers and investors. With the potential to generate a rental income of up to £475 per month or £5,700 per year, the property offers a high rental yield of over 16% against its guide price of under £40,000. The property features a modern interior with double glazing and gas central heating, and is situated in a convenient location close to local amenities, including shops, supermarkets, bars, and restaurants. With its low cost and high rental potential, this property presents a fantastic investment opportunity for buy-to-let investors looking for a quick renter.