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1 bedroom flat for sale
Cross Street, Tenanted Flat, Fraserburgh AB43
£32,000
Cross Street, Tenanted Flat, Fraserburgh AB43
£32,000
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 1-bedroom property in Fraserburgh, Aberdeenshire, is an excellent investment opportunity, sold with a settled tenant in place paying £375 per month (£4,500 per year). The property offers a potential rental income of £450 per month (£5,400 per year) in a popular rental location close to major employers, including North East College, Fraserburgh Hospital, and MacDuff Shipyards. With a tenant already in place, the property provides an immediate rental return and is certain to appeal to investors. The property is situated in a thriving coastal town with a strong sense of industry and maritime heritage, boasting a beach, leisure centre, golf club, supermarkets, and easy access to Aberdeen and the North East of Scotland. The property is being sold under auction terms and conditions, with the auction taking place online, and the buyer will need to pay a deposit and the remainder of the purchase price through a licensed conveyancer.