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62 Rosemount, East Church Street, Buckie, AB56 1ER

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£250,000

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Guide Price

£250,000

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Commercial

leisure

hotel

Vacant

62 Rosemount, East Church Street, Buckie, AB56 1ER

Incredible HMO/SA Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this 8-bed Victorian townhouse (built in 1890) formerly operating as a hotel/guesthouse, located within a prime location in Buckie.

  • **41 Manse, East Church Street, Buckie AB56 1ES sold for £405,000 in Mar 2024, Rathburn House, March Road, Buckie AB56 4BW sold for £480,000 in Apr 2024**

  • This property presents a potentially excellent opportunity for serviced accommodation, with rates for similar properties in the area starting from around £200 per night (subject to necessary planning consents). At 70% occupancy per month, the unit could achieve £4,258 PCM (£51,000 P/A), which would generate an impressive gross yield if secured at the guide price.

  • Sure to appeal to shrewd buy-to-let investors, this property offers a great high-yielding opportunity with significant capital growth potential. Its size and historical charm make it a versatile investment option.

  • Nestled in a desirable area, the property boasts excellent access to motorways, local amenities, restaurants, schools, and sports facilities, enhancing its appeal to both investors and future guests.

We are excited to present this 8-bed Victorian townhouse (built in 1890) formerly operating as a hotel/guesthouse, located within a prime location in Buckie.

The property comprises four spacious reception rooms, a well-equipped kitchen, a bathroom, and eight spacious bedrooms, some of which offer en-suite facilities.

This property presents a potentially excellent opportunity for serviced accommodation, with rates for similar properties in the area starting from around £200 per night (subject to necessary planning consents). At 70% occupancy per month, the unit could achieve £4,258 PCM (£51,000 P/A), offering an impressive gross yield if secured at the guide price.

Sure to appeal to shrewd buy-to-let investors, this property offers a great high-yielding opportunity with significant capital growth potential. Its size and historical charm make it a versatile investment option.

Nestled in a desirable area, the property boasts excellent access to motorways, local amenities, restaurants, schools, and sports facilities, enhancing its appeal to both investors and future guests.

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:

**41 Manse, East Church Street, Buckie AB56 1ES sold for £405,000 in Mar 2024, Rathburn House, March Road, Buckie AB56 4BW sold for £480,000 in Apr 2024**

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

Buckie is a charming coastal town in Scotland, known for its picturesque harbour and rich maritime history. With a welcoming community and abundant amenities, it's a desirable location for both residents and visitors. Buckie offers a blend of scenic beauty and practical convenience, making it an attractive spot for property investment.

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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)

£34,000

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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.