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Longate, Peterhead AB42 2 bed flat for sale
Longate, Peterhead AB42
£38,000
Longate, Peterhead AB42
£38,000
Our Summary
- *Well presented freehold 2 bedroom flat with vacant possession*Certain to appeal to first time buyers and investors* Potential rental up to £600 pm / £7,200 pa* *Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa
- This would represent a rental yield of over 14% against current guide price* *NEW TO AUCTION*GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION* Substantial discount and equity on this purchase* *The property comprises: entrance hallway, lounge, kitchen, 2 bedrooms and bathroom
- Great opportunity for buy-to-let investor looking for quick renter* Auction Details01 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 £600pm / £7,200 pa
- ***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase***
- AUCTION DATE: 01 May 2025
Description
This well-presented freehold 2-bedroom flat is being sold with vacant possession, making it an attractive opportunity for first-time buyers and investors. With a potential rental income of up to £600 per month, the property offers a high rental yield of over 14% against the current guide price. The flat is situated in a convenient location, close to amenities such as shops, supermarkets, bars, and restaurants, and benefits from double glazing and gas central heating. The property is being sold with a substantial discount and equity, with a guide price significantly below the Home Report valuation. The flat is being sold through a timed online auction, with bidding taking place on May 1st, 2025, from 10am-3pm.