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1 Pittulie, Sandhaven, AB43 7EU

£50,000

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Bungalow

Residential

1 Pittulie, Sandhaven, AB43 7EU

2

bed

1

bath

1

reception

Council tax: A

Rare Reurbishment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this 2-bed bungalow ready for a full refurbishment, located within a prime location in Fraserburgh.

  • Sales Evidence:**1 St. Magnus Avenue, Sandhaven, sold for £260,000. 35 Pitullie, Sandhaven, sold for £135,000 5 Pitullie, Sandhaven, sold for £133,000.**

  • Once renovated, this property could generate a monthly rental income of £650-£750. If operated as a short-term let, similar properties on Airbnb are achieving rates of £103 per night, making this a lucrative opportunity for investors.

  • Although currently uninhabitable and requiring refurbishment, this property presents an excellent development opportunity. Previous planning, now lapsed, was approved for a 2-bed conversion. Located on the sought-after North East 250 Trail, it is sure to attract developers and builders seeking their next exciting project.

  • Perfect for developers or those looking for a blank canvas to craft their new home, this property offers limitless potential and is an enticing prospect in a desirable area.

PRIME NEW LISTING. We are excited to present this 2-bed bungalow ready for a full refurbishment, located within a prime location in Fraserburgh.

The property is a blank canvas ready for customisation.

Once renovated, this property could generate a monthly rental income of £650-£750. If operated as a short-term let, similar properties on Airbnb are achieving rates of £103 per night, making this a lucrative opportunity for investors.

Although currently uninhabitable and requiring refurbishment, this property presents an excellent development opportunity. Previous planning, now lapsed, was approved for a 2-bed conversion. Located on the sought-after North East 250 Trail, it is sure to attract developers and builders seeking their next exciting project.

Perfect for developers or those looking for a blank canvas to craft their new home, this property offers limitless potential and is an enticing prospect in a desirable area.

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.

Excellent sales evidence in the area:

**1 St. Magnus Avenue, Sandhaven, sold for £260,000. 35 Pitullie, Sandhaven, sold for £135,000. 5 Pitullie, Sandhaven, sold for £133,000.**

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.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Fraserburgh is a bustling fishing port town in Aberdeenshire, Scotland, known for its rich maritime history and stunning coastal scenery. It offers a blend of traditional charm and modern amenities, making it an attractive location for both residents and visitors.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.