Longate, Flat B, Peterhead AB42 1 bed flat for sale

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Longate, Flat B, Peterhead AB42 1 bed flat for sale

Longate, Flat B, Peterhead AB42
£40,000

Our Summary

  • *Well presented freehold 1 bedroom flat with vacant possession*Certain to appeal to first time buyers and investors* Potential rental up to £475 pm / £5,700 pa* *Fantastic investment opportunity with high rental demand and potential rental of up to £475pm / £5,700 pa
  • This would represent a rental yield of over 16% against current guide price* *NEW TO AUCTION*GUIDE PRICE Low cost investment property*Guide price below £40,000*No ADS at guide price* *The property comprises: entrance hallway, lounge, kitchen, bedroom and bathroom
  • Great opportunity for buy-to-let investor looking for quick renter* Auction Details04 July 2025, 12pm Deadline for OffersHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 04 July 2025

Description

This well-presented one-bedroom freehold flat is being offered for auction with vacant possession, making it an attractive opportunity for first-time buyers and investors. The property boasts a fantastic location close to amenities, including shops, supermarkets, bars, and restaurants, with world-famous seafood available in the harbour. With potential rental income of up to £475 per month (£5,700 per annum), this property offers a high rental yield of over 16% against its guide price of under £40,000. The property itself features a modern design with double glazing and gas central heating, and is ready for a new tenant. With a guide price below £40,000 and no additional costs at this price, this is a rare opportunity for a buy-to-let investor to secure a quick renter.