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64 High Street, Fraserburgh, AB43 9HP

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£58,000

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Guide Price

£58,000

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Terraced House

Residential

Vacant

64 High Street, Fraserburgh, AB43 9HP

3

bed

2

bath

1

reception

Council tax: A

freehold

Rare Residential Opportunity

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Description

64 High Street, Fraserburgh, AB43 9HP

  • PRIME NEW LISTING. We are excited to present this vacant 3-bedroom mid-terrace house located within a prime location in Fraserburgh. HOME REPORT £85,000.

  • **3, Duke Lane, Fraserburgh AB43 9EN sold for £95,000 in 2023**, **87, Mid Street, Fraserburgh AB43 9JN sold for £100,000 in 2023**, **76, College Bounds, Fraserburgh AB43 9QS sold for £82,000 in 2023**

  • This property could achieve impressive rental income, estimated between £950 and £1,000 per month, equating to an annual income of £11,400 to £12,000. This offers a potential gross yield of an outstanding 19% to 20%.

  • Here lies a fantastic opportunity for a shrewd investor seeking a high-yielding investment with significant potential for rental and capital growth, ideal for long-term gains.

  • Nestled in a sought-after location, this property boasts a contemporary design with massive potential for customisation, making it perfect for a young family aiming for their dream home with excellent local amenities and transport links.

PRIME NEW LISTING. We are excited to present this vacant 3-bedroom mid-terrace house located within a prime location in Fraserburgh. HOME REPORT £85,000.

The property comprises a welcoming entrance vestibule, a spacious lounge, a well-appointed bedroom with an ensuite shower room and WC, and a well-equipped kitchen on the ground floor. The first floor features two generously sized bedrooms and a modern bathroom with a WC.

Living room - 4.2m x 3.7m Kitchen - 4.4m x 1.9m Bedroom 1 - 3m x 2.5m En-suite - 3.7m x 1m Bathroom - 4m x 1.8m Bedroom 2 - 3.7m x 3m Bedroom 3 - 3.1m x 2.9m

This property could achieve impressive rental income, estimated between £950 and £1,000 per month, equating to an annual income of £11,400 to £12,000. This offers a potential gross yield of an outstanding 19% to 20%.

Here lies a fantastic opportunity for a shrewd investor seeking a high-yielding investment with significant potential for rental and capital growth, ideal for long-term gains.

Nestled in a sought-after location, this property boasts a contemporary design with massive potential for customisation, making it perfect for a young family aiming for their dream home with excellent local amenities and transport links.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**3, Duke Lane, Fraserburgh AB43 9EN sold for £95,000 in 2023**, **87, Mid Street, Fraserburgh AB43 9JN sold for £100,000 in 2023**, **76, College Bounds, Fraserburgh AB43 9QS sold for £82,000 in 2023**

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, located in Aberdeenshire, is a bustling town known for its rich maritime history and vibrant fishing industry. With a variety of shops, schools, and recreational facilities, it offers an ideal setting for families and professionals alike. The town's charming harbour, sandy beaches, and excellent transport links make it a desirable location for those looking to enjoy both community spirit and coastal living.

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10%, minimum deposit £5,000

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

Total payable today if offer accepted (deposit + fee)

£11,800

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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.