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2 bed property, in 48 Prince Street, £62,000
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2 bed flat

48 Prince Street, Peterhead AB42
£62,000
AuctionLeasehold

This vacant 2-bedroom flat is located in a prime area of Peterhead, Aberdeen, with a vacant 2-bedroom flat previously selling for £142,000 at 46 Prince Street, £105,000 at 52 Prince Street, and £120,000 at 107a Queen Street. The property has potential for renovation, offering significant capital and rental growth. Once renovated, the property could achieve a rental income of £700 to £750 per month, resulting in an annual income of £8,400 to £9,000, representing a 9% to 10% yield. The property features an inviting entrance vestibule, welcoming hallway, spacious living room, dining area, two generously sized bedrooms, a well-equipped kitchen, and a modern shower room with W.C.