Queen Street, Peterhead AB42 3 bed flat for sale

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Queen Street, Peterhead AB42 3 bed flat for sale

Queen Street, Peterhead AB42
£54,000

Price History

Initial price £56,000
11/01/25 £67,000
18/01/25 £54,000
25/01/25 £70,000
01/02/25 £56,000
08/02/25 £70,000
15/02/25 £56,000
22/02/25 £70,000
01/03/25 £56,000
08/03/25 £67,000
15/03/25 £54,000
05/04/25 £70,000
12/04/25 £56,000
23/04/25 £67,000
26/04/25 £54,000
Price Change -3.57%

Description

This large 3-bedroom HMO main door duplex property in Peterhead is an immediate income-producing investment opportunity with a secure long-term tenant. The property, which has been tenanted for approximately 10 years, is currently generating £7,800 per annum and has a 20-year lease remaining on the business below. The tenants, who have a perfect payment history, have indicated their intention to remain in the property for at least the next 9 years. The property is enhanced by gas central heating and double glazing and is located in a prime rental location, with huge potential to increase the rental income from £650 to £1,200 per month by renting individual rooms. With the ongoing work at the power station in Peterhead, there is a high demand for accommodations in the area, making this an extremely secure income-producing investment opportunity.