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Longate, Peterhead AB42 2 bed flat for sale
75, Longate, Peterhead, AB421JE
£43,000
75, Longate, Peterhead, AB421JE
£43,000
Our Summary
- ** SALE BY AUCTION - 29 May 2025 - Timed Online Auction *****Well presented freehold 2 bedroom flat with vacant possession***Certain to appeal to first time buyers and investors*** Potential rental up to £600 pm / £7,200 pa*** ***Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa
- This would represent a rental yield of over 14% against current guide price*** ***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase*** ***The property comprises: entrance hallway, lounge, kitchen, 2 bedrooms and bathroom
- Auction Details29 May 2025, 10am-3pm Timed Online AuctionHow 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
- Contact Us now for a FREE Auction Valuation
- ***Fantastic investment opportunity with high rental demand and potential rental of up to £600pm / £7,200 pa
- ***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase***
- AUCTION DATE: 29 May 2025
Description
This well-presented 2-bedroom freehold flat is being sold by auction on May 29, 2025, with vacant possession. It's a fantastic investment opportunity, with potential rental income of up to £600 per month or £7,200 per year, representing a rental yield of over 14% against the current guide price. The property features an entrance hallway, lounge, kitchen, two bedrooms, and bathroom, with double glazing and gas central heating. Located in Peterhead, Aberdeenshire, the town offers a range of amenities, including shops, supermarkets, bars, and restaurants, as well as a thriving harbour and fish market. The property is close to the town centre and provides easy access to local schools, healthcare facilities, and higher education. With a guide price significantly below the Home Report valuation, this is a substantial discount and equity opportunity for first-time buyers or investors.