Property description

For sale by online auction Thursday 30th June at 9.00AM. Two bedroom flat in Peterhead. Requires refurbishment. Estimated potential rental value in the region of £550pcm, providing a 22.7% yield at Guide Price.

The property is comprised of a hallway, with two bedrooms on the left, a living room and separate kitchen on the right, and a bathroom at the end of the hallway down a few steps.

The property is in need of refurbishment, but could reach a rental value of around £550pcm - a great opportunity for property developers and buy-to-let investors.

Nearby Sales include:
Two bed flat, Gladstone Road Sold £52,500 Nov 19
Two bed flat, Ware Road Sold £56,000 May 19
Two bed flat, Cairntrodlie Sold £62,330 Dec 19

Peterhead is a town in Aberdeenshire - roughly 40 minutes' drive from Aberdeen city - with a population of over 19,000 people, providing strong tenant demand. The property is in a prime location; just a short walk from supermarkets, shops, and the beach, as well as being situated near Peterhead Academy.

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