£29,000

2 bed flat for sale

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Auction
Freehold

Guide price

£29,000

2 bed flat for sale

College Bounds, Fraserburgh, Aberdeenshire AB43

2 beds
1 bath
1 reception
EPC rating: D

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Fraserburgh North School 0.1 miles
  • St Andrew's Primary School 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Tenant in situ
  • Stunning 42% discount against Home Report
  • Impressive 16% rental yield at Guide Price
  • Ideal addition to portfolio or starter buy to let
Rental Investor Opportunity
New to auction is this tenanted two bed ground floor flat in the Aberdeenshire town of Fraserburgh. The accommodation comprises lounge, two bedrooms, dining kitchen and bathroom. The tenant in situ is currently paying £400pcm / £4800pa which equates to an impressive 16% yield at Guide Price, and the property is offered with a stunning 42% discount against the Home Report valuation of £50,000. This is a fantastic opportunity for a rental investor to add to their portfolio, or equally a starter on the buy to let ladder. Council Tax Band: A.

Fraserburgh is a popular coastal town outside Aberdeen. There is a good choice of local shops, bars and restaurants. There are good transport links and it also has its own golf course. This is a popular buy to let locale for people working for the oil industries. The town comprises several attractions including an award winning sand beach, a major harbour, the lighthouse museum, heritage centre and a variety of amenities and facilities all within close proximity.
Purchasers notes

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• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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