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 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
  • AUCTION DATE: 12 June 2025

Description

This is a large 3-bedroom HMO main door duplex property in Peterhead, Scotland, currently generating £7,800 per annum in rental income from a long-term tenant who has been in place for approximately 10 years with a perfect payment history. The property has a gas central heating system and double glazing, and is located in a prime rental area. The tenant has 20 years remaining on their lease and has indicated their intention to remain in the property for the next 9 years and beyond, making this an extremely secure income opportunity. The property also has the potential to increase rental income by renting individual rooms, and is situated in a popular coastal town with a strong demand for accommodations due to ongoing work at the local power station.