48 Prince Street, Peterhead, AB42 1QL

Property Details: • Type: Apartment • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Peterhead, Aberdeen. • • **46 Prince Street, Peterhead, AB42 1QL sold for £142,000, 52 Prince Street, Peterhead, AB42 1QL sold for £105,000, 107a Queen Street, Peterhead, AB42 1UA sold for £120,000.** • • This property presents an ideal opportunity for the ambitious investor looking to utilise the BRRR strategy. With potential for renovation, it offers significant capital and rental growth, promis • • Once renovated, this property could achieve a rental income of £700 to £750 per month, resulting in an impressive annual income of £8,400 to £9,000. This represents a 9% to 10% yield if acqui • • Situated in a sought-after buy-to-let location, this property is a fantastic opportunity for a shrewd investor seeking multiple avenues of profit. It is truly a rare opportunity to acquire a valu

Location: • Nearest Station: Dyce Station • Distance to Station: 25.89571570615685 miles

Agent Information: • Address: 100 West Regent Street, Suite 3.02, Glasgow, G2 2QD

Full Description: <ul><li><span style="font-weight:400"> PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Peterhead, Aberdeen.</span></li></ul> <br />  <br /><ul><li><span style="font-weight:400"> **46 Prince Street, Peterhead, AB42 1QL sold for £142,000, 52 Prince Street, Peterhead, AB42 1QL sold for £105,000, 107a Queen Street, Peterhead, AB42 1UA sold for £120,000.**</span></li></ul> <br />  <br /><ul><li><span style="font-weight:400"> This property presents an ideal opportunity for the ambitious investor looking to utilise the BRRR strategy. With potential for renovation, it offers significant capital and rental growth, promising a rewarding return on investment.</span></li></ul> <br />  <br /><ul><li><span style="font-weight:400"> Once renovated, this property could achieve a rental income of £700 to £750 per month, resulting in an impressive annual income of £8,400 to £9,000. This represents a 9% to 10% yield if acquired at the guide price, making it a lucrative rental income vehicle.</span></li></ul> <br />  <br /><ul><li><span style="font-weight:400"> Situated in a sought-after buy-to-let location, this property is a fantastic opportunity for a shrewd investor seeking multiple avenues of profit. It is truly a rare opportunity to acquire a valuable asset in this desirable area.</span></li></ul> <br />  <br /> <br /><span style="font-weight:400">PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Peterhead, Aberdeen.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">The property comprises an inviting entrance vestibule leading to a welcoming hallway. The spacious living room seamlessly connects to the dining area in a semi-open plan, providing a perfect space for relaxation and entertaining. There are two generously sized bedrooms offering comfort and tranquillity. The well-equipped kitchen and the modern shower room with W.C. complete the harmonious layout.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">This property presents an ideal opportunity for the ambitious investor looking to utilise the BRRR strategy. With potential for renovation, it offers significant capital and rental growth, promising a rewarding return on investment.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">Once renovated, this property could achieve a rental income of £700 to £750 per month, resulting in an impressive annual income of £8,400 to £9,000. This represents a 9% to 10% yield if acquired at the guide price, making it a lucrative rental income vehicle.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">Situated in a sought-after buy-to-let location, this property is a fantastic opportunity for a shrewd investor seeking multiple avenues of profit. It is truly a rare opportunity to acquire a valuable asset in this desirable area.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">Excellent sales evidence in the area:</span> <br /> <br /><span style="font-weight:400">**46 Prince Street, Peterhead, AB42 1QL sold for £142,000, 52 Prince Street, Peterhead, AB42 1QL sold for £105,000, 107a Queen Street, Peterhead, AB42 1UA sold for £120,000.**</span> <br /> <br />  <br /> <br /><span style="font-weight:400">This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">For further details on how to have a bidding account created, please contact the team.</span> <br /> <br />  <br /> <br /><span style="font-weight:400">Location</span> <br /> <br /><span style="font-weight:400">Peterhead is a bustling town in Aberdeenshire, renowned for its vibrant maritime culture and rich heritage. As one of the UK's key fishing ports, it offers a blend of modern amenities and scenic coastal beauty, making it an attractive place to invest and reside.</span>