Initial price	£60,000
09/06/25	£55,000
Price Change	-8.33%

This prime new listing is a fantastic 2-bedroom flat in a sought-after area of Peterhead, Aberdeenshire. The property is in walk-in condition, requiring no refurbishment, and offers excellent capital growth potential. With a Home Report value of £70,000, it's a rare auction property that's sure to appeal to shrewd investors and homeowners alike. The property features an entrance hallway, living room, kitchen with dining area, bathroom, shower room, and two spacious bedrooms, with ample storage throughout and a large rear garden area. With a potential monthly rental income of £600-£650, this property could generate a gross income of £7,200-£7,800 per annum, producing a yield of 12-13%. Local sales evidence suggests that similar properties in the area have sold for £80,000 and £84,000, making this a fantastic opportunity for investors and homeowners looking for a strong cash flow.