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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 - 12 June 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 Details12 June 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 is a large 3-bedroom HMO main door duplex property located in the popular town of Peterhead, currently tenanted at £650 per month (£7,800 per annum). The property has a secure long-term tenant who has occupied the flat for nine years and has a perfect payment history. The tenant has indicated their intention to remain in the property for the next nine years and beyond. The property has huge potential for increased rental income, with a HMO licence allowing for individual room rentals, potentially increasing the income to £1,200 per month. The town of Peterhead is a popular fishing and commuting town with a population of approximately 20,000, offering a range of amenities and activities. The property is being sold through a timed online auction on June 12, 2025, with a starting price of £130,000.