2 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead at 13 Saint Peter Street, Peterhead * High Cash Flow Potential *
- * 29, St. Peter Street, Peterhead, AB42 1 QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1 TH previously £52,000 in 2024 *
- Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own st
- For rental purposes, Once renovated the property could generate £500 £650 , which would provide an extremely impressive 20% 26% gross yield based on the guide price of £30,000 *HIGH YIELD PO
- Property is located right in the centre of Peterhead near a whole host of local amenities, with easy access to public transport nearby *PRIME LOCATION*
- Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead * Guide Price £35,000 *
- 29, St. Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously £52,000 in 2024 *
- Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own stamp on. Ideal for investors looking to utilise the BRRR strategy.
- For rental purposes, Once renovated the property could generate £500 - £650 , which could provide an extremely impressive 20% - 26% gross yield based on the guide price of £30,000 *HIGH YIELD POTENTIAL*
- Property is located right in the centre of Peterhead near a whole host of local amenities, with easy access to public transport nearby - *PRIME LOCATION*Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead * Guide Price £35,000 *
Property comprises: Large Entrance hallway, living room, kitchen, 1 Large double bedroom and bathroom. Property benefits from a prime location right in the city centre and nearby the coast
Brilliant BRRR Opportunity. Sure to appeal to investors looking for an easy lettable property in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand in the area which is also popular for rentals
Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own stamp on. Ideal for investors looking to utilise the BRRR strategy.
*Potentially Very High Yielding* Property could generate £500 - £650 , which could provide an extremely impressive 20% - 26% gross yield based on the guide price of £30,000
The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:
29, St. Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously
£52,000 in 2024 *
Hugely discounted refurb opportunity and potentially high yielding investment. Ideal for an investor seeking to execute BRRR strategy.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
The local areas have seen some great sales recently showing that there is strong demand. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
Location:
St Peter street is nestled in the heart of Peterhead and is a stone throw from Peterhead Bay. The centre of Peterhead benefits from local amenities such as transport links, superstores and attractive high street pubs and restaurants. With everything at your doorstep, this property offers it all to a first-time buyer or a shrewd investor looking to attract a long staying tenant.
Nestled on the picturesque northeastern coast of Scotland, Peterhead is a charming town that effortlessly marries maritime heritage with natural beauty. As you approach this coastal gem, the scent of salty sea air mingles with hints of fish and chips, welcoming visitors to a place where traditional and modernity coexist in perfect harmony.
-
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 209728549. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on August 1, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on August 1, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on April 21, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.