Flat for sale in Marischal Street, Peterhead AB42

Guide price £140,000
Flat for sale - 4 bedrooms 4
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Property features

  • **superb portfolio investment opportunity** 4 X Tenanted 1 bedroom flats in great central location in the heart of the popular harbour town of Peterhead.
  • **turn key investment opportunity** Flats are achieving a combined rental of £1,600pcm giving an annual income of £19,200 and offering terrific immediate yield of over 13% if achieved for guide price
  • Further residential development potential- Attic space with lapsed planning. Potential to develop into additional residential unit. Subject to investigating and gaining consents
  • Super local comparable sales evidence- 49c, Marischal Street, Peterhead, £74,000...65, Marischal Street, Peterhead £70,000...71, Marischal Street, Peterhead, £88,000
  • Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away.

Property description

** sale by auction - 23 October 2020 **
Deadline for Offers .

**superb portfolio investment opportunity** 4 X Tenanted 1 bedroom flats in great central location in the heart of the popular harbour town of Peterhead. Modern fitted kitchens and bathrooms Electric boiler central heating & D.G These 1 Bedroom Flats are being sold together as a portfolio and offer an excellent opportunity as a buy-to-let investment. The properties are conveniently situated in the town centre. The properties have been all been recently renovated throughout and feature modern fitted kitchens and shower rooms. They are all installed with electric boiler central heating and benefit from double-glazing **turn key investment opportunity** Flats are achieving a combined rental of £1,600pcm giving an annual income of £19,200 and offering terrific immediate yield of over 13% if achieved for guide price. Subject to full occupation. There is a further attic area which is believed to be suitable for conversion. Full Planning Permission had been granted for a 1 bedroom flat but this has now lapsed. Details of the expired application can be viewing app/2006/0976. It would be the responsibility of any potential purchaser to obtain consents. Super local comparable sales evidence- 49c, Marischal Street, Peterhead, £74,000...65, Marischal Street, Peterhead £70,000...71, Marischal Street, Peterhead, £88,000 EPC Bandings Flat F - F Flat G - E Flat H - F Flat J - F

Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away, offering commuting distance. Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Local pursuits include yachting, canoeing, hillwalking, shooting/hunting, golf and fishing, making the town ideal for the outdoor enthusiast.

Auction Details
23 October 2020,4pm
Deadline for Offers,

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