Queen Street, Peterhead AB42 3 bed flat for sale

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Queen Street, Peterhead AB42 3 bed flat for sale

Queen Street, Peterhead AB42
£56,000

Our Summary

  • 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
  • AUCTION DATE: 24 July 2025

Description

This is a large 3-bedroom HMO main door duplex property in Peterhead, Scotland, currently tenanted at £650 per month, generating £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 manages the business below, which has 20 years remaining on its lease, and 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 an HMO licence allowing for the opportunity to rent individual rooms, which could potentially increase the rental income to £1,200 per month. The town of Peterhead is a popular fishing and commuting town with access to Aberdeen City Centre in around 45 minutes, making it an attractive location for renters.