2 bed flat for sale

Catto Drive, Peterhead, Aberdeenshire AB42

For sale by auction – 29th July

An exciting opportunity to acquire this two-bedroom flat situated within a well-established residential area of Peterhead, conveniently located within easy reach of the town centre and local amenities.
Extending to approximately 74 sq. M., the property comprises a lounge, kitchen, bathroom and two bedrooms. The flat offers excellent scope for refurbishment and modernisation, making it an ideal project for investors, developers or those seeking to create a strong buy-to-let investment.
The property is currently in need of improvement works, including upgrading of fixtures and fittings, and presents significant potential for value enhancement. Local authority-built flats in Peterhead continue to attract investor interest due to their affordability and rental demand.
Positioned within a popular residential setting with a reasonable range of nearby services and amenities, this is a rare chance to purchase a property with genuine upside potential at an attractive entry level.

Auction Date: 29th July
Council Area: Aberdeenshire

Peterhead is a coastal town in Aberdeenshire, north-east Scotland, located at the easternmost point of mainland Scotland. Peterhead combines a working industrial harbour with historic granite buildings and a strong local identity. Visitors often appreciate its authentic fishing-town atmosphere, coastal scenery, and maritime heritage.

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.