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1 bedroom flat for sale
Flat A, Tenanted Flat, 61 Cross Street, Fraserburgh, AB43 9EL
£27,500
Flat A, Tenanted Flat, 61 Cross Street, Fraserburgh, AB43 9EL
£27,500
Our Summary
- The property will be sold vacant and offers potential rental of £425 per month (£5,100 per year) in popular rental location close to a number of major employers
- The property represents an outstanding investment opportunity with a potential rental income of £425 per month (£5,100 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 1-bedroom property in Fraserburgh, Aberdeenshire, is being sold vacant and offers a potentially excellent rental yield and return on investment. With a potential rental income of £425 per month (£5,100 per year), the property is situated in a popular rental location close to major employers, amenities, and attractions. The town of Fraserburgh boasts a strong sense of industry and maritime heritage, with a busy harbour and a resident population of approximately 13,000. The property's excellent position within the town, combined with high tenant demand, makes it an outstanding investment opportunity. With easy access to Aberdeen and excellent road links across the North East of Scotland, this property is an attractive option for investors looking to capitalize on the local rental market.