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Wallace Street, Peterhead AB42 1 bed flat for sale
10B Wallace Street, Peterhead, AB42 1DF
£35,000
10B Wallace Street, Peterhead, AB42 1DF
£35,000
Our Summary
- The property requires light renovation
- Sure to appeal to shrewd builder/investors or owner occupiers 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 The property requires little of renovation
- Sure to appeal to shrewd builders/investors or owner occupiers looking for a Rare auction property they can put their own stamp on
- 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
- Sure to appeal to shrewd builder/investors or owner occupiers looking for a Rare auction property they can put their own st
Description
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Here is a summarized version of the property description in a single paragraph:
This stunning coastal property in Peterhead is a rare auction opportunity that offers a fantastic refurbishment project for shrewd builders/investors or owner occupiers. The property, located in the heart of Peterhead, requires some renovation but has huge potential for capital growth and high yields. With a guide price, it could generate £500-£650 per month, providing a gross yield of 17.14-22.29%. The property benefits from a prime location near local amenities, public transport, and the coast, making it an ideal investment opportunity for those looking to utilize the BRRR strategy. With similar properties in the area selling for much higher, this property is being offered at a discount to ensure a fast sale at auction.