Wallace Street, Peterhead AB42 1 bed ground floor flat for sale

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Wallace Street, Peterhead AB42 1 bed ground floor flat for sale

Wallace Street, Peterhead AB42
£28,000

Our Summary

  • Property has been very-well maintained but would benefit from some modernisation
  • 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 fantastic investment property located in the heart of Peterhead, Aberdeenshire, with high potential rental yield. The first-floor flat comprises an entrance hallway, lounge, kitchen, double bedroom, and bathroom, and has been well-maintained but could benefit from some modernization. With its prime location near the bustling harbour, the property is expected to generate a realistic rental income of over £5,000 per annum, driven by high demand from visitors and locals alike. The property is perfect for investors seeking a solid return on investment, and with recent sales in the area ranging from £58,000 to £95,000, this property offers a great opportunity to get in on the market.