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Guide Price

£89,000

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18 Jamaica Street, Peterhead, AB42 1DD

Residential

house

terraced house

Vacant

4

bed

1

bath

1

reception

Tax band: A

Freehold

Residential Development Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

3 days left

Description

  • PRIME NEW ENTRY. We are excited to present this excellent investment opportunity, located within a prime location in Peterhead - HOME REPORT VALUATION £110,000

  • **3 Kinmundy Drive, Grange, Peterhead, AB42 2AW Previously sold for £177,000. 10, Harbour Street, Buchanhaven, Peterhead, AB42 1NN Previously sold for £120,099**

  • Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for a spacious new home or shrewd investors looking for a modernisation opportunity. 

  • For rental purposes, the property has potential to be used as a holiday let / Airbnb property, subject to gaining necessary licensing and permissions. Comparable properties in the area are achieving upwards of £100 per night **FANTASTIC YIELD POTENTIAL**

  • Property is located near a host of local amenities including shops and restaurants and is within close proximity to the A90 and National trust sites.

PRIME NEW ENTRY. Excellent 4 Bedroom terrace property located within a tranquil location in Peterhead **HOME REPORT £110,000**

Property comprises:Entrance hallway, living room, kitchen, 4 spacious double bedrooms, bathroom, large garden to the rear. Property benefits from ample storage throughout.

Fantastic home, ideal for a family looking for a property they can put their own stamp on. 

Property would benefit from a degree of renovation. 

HOME REPORT £110,000.

**PROPERTY BEING OFFERED AT DISCOUNT FROM HOME REPORT**

For rental purposes, the property has potential to be used as a holiday let / Airbnb property, subject to gaining necessary licensing and permissions.

 Comparable properties in the area are achieving upwards of £100 per night - FANTASTIC YIELD POTENTIAL

Prime Opportunity for Property investors & homeowners looking for a property in an excellent location. Property would benefit from some renovation. Fantastic Capital growth potential. Sure to appeal to those looking for Rare auction property.

Local sales evidence:

**3 Kinmundy Drive, Grange, Peterhead, AB42 2AW Previously sold for £177,000. 10, Harbour Street, Buchanhaven, Peterhead, AB42 1NN Previously sold for £120,099**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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

Peterhead is one of Scotland’s most important coastal towns and home to the country’s largest fishing port, giving it a strong economic base linked to fishing, food processing, energy, and maritime industries. People choose to live here for its affordable property prices compared with larger Scottish cities, access to the North Sea coastline, and a strong sense of community, while investors are attracted by consistent demand from local workers, relatively accessible entry prices, and ongoing activity in the fishing, renewables, and energy sectors that support the local economy and rental market. 

Map

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)

£14,900

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Video Description Play Video: 18 Jamaica Street, Peterhead, AB42 1DD

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.