2 bedroom flat for sale

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2 bedroom flat for sale

18 Skelton Street, Peterhead, AB42 1HR
£55,000

Our Summary

  • Sure to appeal to an investor looking for Rare auction property
  • 30, Skelton Street, Peterhead, Aberdeenshire AB42 1HR sold for £84,000*** This property would be a brilliant opportunity for a home owner looking for a property that requires little to no renovation in order to make this their dream home
  • This property is offered at a fantastic price to ensure an Auction sale
  • *HOME REPORT £70,000* The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This prime new listing is a fantastic 2-bedroom flat in a sought-after area of Peterhead, Aberdeenshire. The property is in walk-in condition, requiring no refurbishment, and offers excellent capital growth potential. With a Home Report value of £70,000, it's a rare auction property that's sure to appeal to shrewd investors and homeowners alike. The property features an entrance hallway, living room, kitchen with dining area, bathroom, shower room, and two spacious bedrooms, with ample storage throughout and a large rear garden area. With a potential monthly rental income of £600-£650, this property could generate a gross income of £7,200-£7,800 per annum, producing a yield of 12-13%. Local sales evidence suggests that similar properties in the area have sold for £80,000 and £84,000, making this a fantastic opportunity for investors and homeowners looking for a strong cash flow.