Longate, Peterhead AB42 2 bed flat for sale

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Longate, Peterhead AB42 2 bed flat for sale

Longate, Peterhead AB42
£37,000

Price History

Initial price £40,000
23/04/25 £53,000
26/04/25 £38,000
03/05/25 £53,000
10/05/25 £43,000
17/05/25 £53,000
24/05/25 £43,000
31/05/25 £55,000
07/06/25 £44,000
13/06/25 £55,000
18/06/25 £53,000
21/06/25 £43,000
25/06/25 £37,000
27/06/25 £44,000
09/07/25 £37,000
12/07/25 £49,000
19/07/25 £37,000
Price Change -7.50%

Description

This well-presented 2-bedroom freehold flat is being offered with vacant possession, making it an attractive opportunity for first-time buyers and investors. With a potential rental income of up to £600 per month, or £7,200 per annum, this property represents a high rental yield of over 14% against its current guide price. The property itself features an entrance hallway, lounge, kitchen, two bedrooms, and a bathroom, with modern double glazing and gas central heating. Located close to various amenities, including shops, supermarkets, bars, and restaurants, this property is a great opportunity for a buy-to-let investor looking for a quick renter. With a substantial discount and equity on offer, this property is being auctioned off on July 24, 2025, with a guide price significantly below its Home Report valuation.