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Academy Road, Fraserburgh AB43 2 bed flat for sale
9 Academy Road, Fraserburgh, AB43 9LE
£50,000
9 Academy Road, Fraserburgh, AB43 9LE
£50,000
Our Summary
- Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000 ****** 32, Victoria Street, Fraserburgh, Aberdeenshire, AB43 9LU sold for £108,000 in May 2023, 109, West Road, Fraserburgh, Aberdeenshire, AB43 9NE sold for £105,000 in August 2022 ***Property could achieve between £550 - £650 per calendar month (£6,600 - £7,800 per annum), achieving a gross yield of 12
- Subject to necessary licensing and consents
- Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000 Property comprises: Ground floor flat, entrance hallway, generous living room, 2 bedrooms, kitchen, a well equipped shower room and ample storage throughout
- Property is located in centre of Fraserburgh near a whole host of local amenities, with easy access to public transport nearby - ***PRIME LOCATION*** The property is offered at a DISCOUNT to ensure a fast sale at auction
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000 ***
- Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh * Guide Price £62,000 *
Description
Prime Property Auctions presents a new investment opportunity in Fraserburgh, Aberdeenshire, with a guide price of £62,000. The property, a ground floor flat, comprises an entrance hallway, living room, two bedrooms, kitchen, and shower room, with ample storage throughout. With a high yield potential, the property could achieve between £550-£650 per month, generating a gross yield of 12.58% if achieved at the guide price. Alternatively, it could be let as a serviced accommodation or short-term let, generating £15,330 per annum and a gross yield of 24.72%. The property is located in the town center, near local amenities and public transport, and is offered at a discount to ensure a fast sale at auction. With similar properties selling for higher prices, this is a fantastic opportunity for investors or first-time buyers to secure a property in a prime location.