Wallace Street, Peterhead AB42 1 bed ground floor flat for sale

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Wallace Street, Peterhead AB42 1 bed ground floor flat for sale

Wallace Street, Peterhead AB42
£36,100

Our Summary

  • Property has been very-well maintained but would benefit from some modernisation
  • Auction Details04 July 2025, 12pm Deadline for OffersHow 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
  • AUCTION DATE: 04 July 2025

Description

This is a fantastic investment opportunity in the bustling harbour town of Peterhead, Aberdeenshire. The first-floor flat, which has been well-maintained but would benefit from some modernization, offers a high potential yield of £5,100 per annum (£425pcm) due to its prime location within minutes of the famous harbour. The property comprises an entrance hallway, lounge, kitchen, double bedroom, and bathroom, and is situated in a high-rental-demand location driven by the town's popularity with tourists and its position as Europe's largest fishing port. With recent sales in the area ranging from £58,000 to £95,000, this property presents a realistic potential rental income of over £5,000 per annum, making it an excellent investment opportunity.