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1 bedroom flat for sale
19A , Tenanted Investment, Castle Street, Fraserburgh, Aberdeenshire
£26,000
19A , Tenanted Investment, Castle Street, Fraserburgh, Aberdeenshire
£26,000
Our Summary
- Excellent investment opportunity
- The property represents an outstanding investment opportunity with a secure rental income of £375per month (£4,500 per year) in popular rental location close to the town's famous harbour, major attractions and amenities
- This lot will be sold under auction terms and conditions and purchase will be on an unconditional basis
- The auction will take place online
- Auction fees/ Buyers Premium and deposit payment will be due immediately upon fall of the hammer- Deposit will be payable upon acceptance of an offer with the remainder to paid through licenced conveyancer
- Seller has indicated that pre-auction offers will be considered for this investment property
Description
This is an excellent investment opportunity in Fraserburgh, Aberdeenshire, featuring a tenanted 1-bedroom ground floor property with a settled tenant paying £375 per month (£4,500 per year). The property is located in a popular rental location, close to major employers, the town's famous harbour, and amenities such as the beach, leisure centre, and supermarkets. With a low rent for the area and high tenant demand, this property is expected to achieve a higher rental income of £450 per month (£5,400 per year). Fraserburgh is a thriving coastal town with a strong sense of industry and maritime heritage, surrounded by picturesque landscapes and rich history. The property is being sold under auction terms and conditions, with a reduced buyers fee available, and the seller is open to considering pre-auction offers.