Flat for sale in 10A, Wallace Street, Peterhead AB421Df AB42

** sale by auction - 02 May 2024 - Timed Online Auction **

super investment property. 1 bedroom first floor flat located by the bustling harbour in the Aberdeenshire Port town of Peterhead. Potential rental of £425pcm (£5,100 per annum). High potentail yield. First floor property comprises Entrance Hallway, lounge, kitchen, Double Bedroom and Bathroom. Property has been very-well maintained but would benefit from some modernisation. High rental demand location driven by position within minutes of the famous harbour. Realisitc potential rental income of over £5,000 per annum (£425pcm). Recent sales: 2 Wallace Street, Peterhead £70,000- May 2021 4 Wallace Street, Peterhead, £95,000 8 Wallace Street, Peterhead £58,000 Perfect investment property. Peterhead is the largest town in Aberdeenshire with a resident population of over 19,000 and a massive influx of visitors through 'Europe's largest fishing Port' driving high rental demand.

Peterhead is Aberdeenshire's 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. The coastal town of Peterhead is steeped in history and the largest town settlement in Aberdeenshire with a population of approximately 18,500 residents. Founded in 1593, it developed as a port and functioned briefly as a fashionable 18th-century spa. By the early 19th century it had become the chief British whaling centre for Scotland and is currently one of the largest white fish markets in Europe. Peterhead is the most Eastern port in Scotland with a thriving harbour and bustling fish market providing a service to the fishing, oil and gas and other maritime industries. The town centre is a short distance from the property and provides all that one would expect from modern-day living, including a multitude of local shops, pubs, restaurants, eateries galore and major supermarkets. There are nhs facility’s available with a choice of primary schools with higher education available at Peterhead Academy.

Auction Details
02 May 2024,10am-3pm
Timed Online Auction

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