St Mary Street, Peterhead AB42 2 bed flat for sale

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St Mary Street, Peterhead AB42 2 bed flat for sale

20c, St Mary Street, Peterhead, AB421TB
£27,000

Price History

Initial price £35,000
18/01/25 £27,000
Price Change -22.86%

Description

This is a rare investment opportunity in Peterhead, Aberdeenshire, a port town with a thriving harbour and bustling fish market. The property is a 2-bedroom top-floor flat located in St Mary Street, with a potential rental income of £6,300 per annum (£525pcm). The flat has been well-maintained, with the kitchen and bathroom recently refurbished, and has a RICS Home Report Survey Value of £50,000. The local market has seen recent sales of similar properties in the area, with a high potential yield. The property is in excellent condition, making it an ideal rental property. Peterhead is a popular residential location, with a population of approximately 20,000, and offers a range of amenities, including shops, supermarkets, bars, and restaurants. The town is also close to Aberdeen, making it an attractive option for commuters.