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Millview House, Mintlaw, Peterhead, AB42 5DL

Guide Price

£585,000

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Guide Price

£585,000

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Detached House

Residential

Vacant

Millview House, Mintlaw, Peterhead, AB42 5DL

5

bed

3

bath

3

reception

Council tax: G

freehold

Unique Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 5-bedroom bungalow located within a prime location in Mintlaw, Peterhead. HOME REPORT VALUATION:£800,000

  • **This property could potentially generate an astounding £153,000 - 204,000 per year.**

  • This stunning property boasts the potential to achieve £600-800 per night as serviced accommodation, assuming a 70% occupancy rate, offering a lucrative opportunity for investors. Subject to researching and gaining necessary consents.

  • Due to its expansive size and ample space, this property offers a versatile range of uses, making it suitable for any type of buyer, from investors to families.

  • It is sure to attract a savvy investor with a creative approach, or a buyer seeking their dream family home, offering endless possibilities and potential.

PRIME NEW LISTING. We are excited to present this vacant 5-bedroom bungalow located within a prime location in Mintlaw, Peterhead.  HOME REPORT VALUATION:£800,000 - Priced with a substantial discount to secure an auction sale.

The property comprises five generously sized bedrooms, currently accommodating 10 beds, a very large and well-equipped kitchen, multiple generously spacious reception rooms, and three modern bathroom/shower rooms.

This stunning property boasts the potential to achieve £600-800 per night as serviced accommodation, assuming a 70% occupancy rate, offering a lucrative opportunity for investors.

Due to its expansive size and ample space, this property offers a versatile range of uses, making it suitable for any type of buyer, from investors to families.

It is sure to attract a savvy investor with a creative approach, or a buyer seeking their dream family home, offering endless possibilities and potential.

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:

**This property could potentially generate an astounding £153,000 - 204,000 per year.**

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

Mintlaw is a charming village in the heart of Aberdeenshire, offering a harmonious blend of peaceful countryside living with easy access to nearby Peterhead and Aberdeen. Known for its stunning scenery and community spirit, it's a desirable location for families and investors alike.

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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)

£79,560

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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.