3 bedroom flat for sale

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3 bedroom flat for sale

17, Queen Street, Peterhead, AB421TN
£54,000

Price History

Initial price £56,000
16/01/25 £67,000
18/01/25 £54,000
25/01/25 £70,000
01/02/25 £56,000
22/02/25 £70,000
01/03/25 £56,000
08/03/25 £67,000
15/03/25 £54,000
Price Change -3.57%

Description

This property is a large 3-bedroom HMO main door duplex in Peterhead, currently tenanted at £650 per month, generating £7,800 per annum. The property has a secure long-term tenant with a perfect payment history, having occupied the flat for nine years. The tenants also manage the business below, which has 20 years remaining on its lease. The property has huge potential, with the opportunity to rent individual rooms and increase the rental income. The town of Peterhead is a popular fishing and commuting town, with a population of approximately 20,000, and offers a range of amenities, including shops, supermarkets, bars, and restaurants. The property is an immediate income-producing investment with a secure long-term tenant, making it an attractive opportunity for investors.