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Flat A, Tenanted Flat, 61 Cross... 1 bed flat for sale
Flat A, Tenanted Flat, 61 Cross Street, Fraserburgh, AB43 9EL
£27,000
Flat A, Tenanted Flat, 61 Cross Street, Fraserburgh, AB43 9EL
£27,000
Our Summary
- Excellent investment opportunity
- The property will be sold with settled tenant in place paying £375per month (£4,500 per year)- low rent for area- offering a potential rental income of £450 per month (£5,400 per year) in popular rental location close to a number of major employers
- The property represents an outstanding investment opportunity with an immediate rental income of £375 per 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, a popular rental location with a thriving coastal town. The property is a one-bedroom first-floor unit with a settled tenant in place, paying £375 per month (£4,500 per year), offering a potential rental income of £450 per month (£5,400 per year). The property is located close to major employers, including North East College, Fraserburgh Hospital, MacDuff Shipyards, and the commercial harbour, which is one of Europe's largest. The town boasts a beach, leisure centre, golf club, supermarkets, and excellent road links to Aberdeen and the North East of Scotland. With a resident population of approximately 13,000, Fraserburgh is a large port town surrounded by picturesque landscapes and rich history. The property is being sold under auction terms and conditions, with a reduced buyers fee, and the auction will take place online. The seller is open to considering pre-auction offers, making this an attractive investment opportunity for those looking for a potential high return on investment.