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St Andrews Drive, Fraserburgh AB43 2 bed terraced house for sale
St Andrews Drive, Fraserburgh AB43
£50,000
St Andrews Drive, Fraserburgh AB43
£50,000
Our Summary
- *Budget investment property* Offered with vacant possession* potential rental of £625 pm / £7,500 pa, which represents 12
- 5% against guide price* Full vacant possession* Low guide price to ensure auction sale*Auction Details23 January 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
Description
This budget investment property is being offered with vacant possession and has the potential to generate a rental income of £625 per month, equivalent to a 12.5% yield against the guide price. The property comprises an entrance hallway, lounge, kitchen, bathroom, and two bedrooms, with double glazing and scope for modest modernization to enhance its value and appeal. With recent sales evidence of similar properties in the area selling for around £75,000 to £105,000, this property presents a solid investment opportunity for new or experienced investors looking to add a yielding rental property to their portfolio.