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9 bedroom house for sale
9 Bedroom HMO, St. Andrew Street, Peterhead, Aberdeenshire, AB42 1DS
£120,000
9 Bedroom HMO, St. Andrew Street, Peterhead, Aberdeenshire, AB42 1DS
£120,000
Our Summary
- Outstanding investment opportunity
- Unrivalled investment opportunity
- The seller has indicated that pre-auction offers will be considered for this lot
- The property will be sold under auction terms and conditions and will be subject to deposit and Buyer's Premium
- Outstanding investment opportunity9 Bedroom HMO property in popular locationMassive potential yield of up to 50% based on £20 per room per nightMassive demand locally for short-term accommodationClose to Europe's largest fishing portClose to Fish Market and local employersPre-auction offer considered by seller
- Massive potential yield of up to 50% based on £20 per room per night
- Pre-auction offer considered by seller
Description
This outstanding investment opportunity is a 9-bedroom HMO property located in the heart of Peterhead, the fishing capital of the UK. The property, which was previously let for over £35,000 per year, offers a potentially high return on investment and yield in excess of 25%. With its central location, close to the harbour and fish market, and surrounded by major supermarkets, shopping, bars, and restaurants, the property is well-positioned to attract a high volume of short-term tenants. The property has a large kitchen, bathroom, shower room, and W.C., and is set over four floors with nine large bedrooms, each with washing facilities. With gas central heating, this property is an unrivaled investment opportunity, and the seller is open to pre-auction offers. With ongoing developments in the port and renewable energy projects, Peterhead is an attractive location for professionals in these industries, making this property a potentially lucrative investment.