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Guide price
£70,000

3 bedroom flat for sale

Queen Street, Peterhead AB42
Auction
Flat
3 beds
1,646 sq ft / 153 sq m
EPC rating: E
Added > 14 days

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 13 February 2025
IMMEDIATE INCOME PRODUCING INVESTMENT WITH SECURE LONG-TERM TENANT. Large 3 Bedroom HMO main door duplex property located in the popular town of Peterhead currently tenanted at £650pcm (£7,800 per annum). Large property comprises Entrance Hallway, Large Lounge with Dining Area, Large Dining kitchen, Bathroom and 3 Large Double Bedrooms. Enhanced by Gas Central Heating and Double Glazing and PRIME RENTAL LOCATION. The tenants have occupied the flat for the past nine years, while the business below has 20 years remaining on its lease, which the flat tenants manage. Consequently, they desire to rent the flat for as long as the lease remains current. HMO licence, allowing for the opportunity to rent individual rooms, which may potentially increase the rental income from £650 to £1200 per month. HUGE POTENTIAL* There is a demand for accommodations in Peterhead due to ongoing work at the power station, which will last for five years. Extremely secure income with settled long-term tenant paying £650 pcm (£7,800 per annum). Tenants have been in place for approximately 10 years and have a perfect payment history. The tenants in the property manage the business below and have 9 years remaining on the lease and have indicated the intend to remain in the property for the next 9 years and beyond. EXTREMELY SECURE INCOME. The costal town of Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. Extremely popular fishing and commuting town with access to Aberdeen City Centre in around 45 minutes.

Auction Details
13 February 2025, 3pm
Deadline for Offers

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots
from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features
both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as
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