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3 bedroom flat for sale
17, Queen Street, Peterhead, AB421TN
£56,000
17, Queen Street, Peterhead, AB421TN
£56,000
Our Summary
- ** SALE BY AUCTION - 24 July 2025 - Timed Online Auction **IMMEDIATE INCOME PRODUCING INVESTMENT WITH SECURE LONG-TERM TENANT
- HUGE POTENTIAL*** There is a demand for accommodations in Peterhead due to ongoing work at the power station, which will last for five years
- Auction Details24 July 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
Description
This large 3-bedroom HMO main door duplex property in Peterhead is an immediate income-producing investment with a secure long-term tenant paying £650 per month, equivalent to £7,800 per annum. The property has been tenanted for nine years, with the tenants indicating they intend to remain for at least another nine years. The property benefits from gas central heating, double glazing, and a prime rental location, with the potential to increase rental income by renting individual rooms under an HMO licence. The town of Peterhead is a popular fishing and commuting town with a population of around 20,000, offering a range of amenities and outdoor pursuits. The property is being sold by auction on July 24, 2025, with bidding open from 10am-3pm.