Initial price	£65,000
04/10/24	£62,000
01/04/25	£50,000
Price Change	-23.08%

Prime Property Auctions presents a new investment opportunity in Fraserburgh, Aberdeenshire, with a guide price of £62,000. The property, a ground floor flat, comprises an entrance hallway, living room, two bedrooms, kitchen, and shower room, with ample storage throughout. With a high yield potential, the property could achieve between £550-£650 per month, generating a gross yield of 12.58% if achieved at the guide price. Alternatively, it could be let as a serviced accommodation or short-term let, generating £15,330 per annum and a gross yield of 24.72%. The property is located in the town center, near local amenities and public transport, and is offered at a discount to ensure a fast sale at auction. With similar properties selling for higher prices, this is a fantastic opportunity for investors or first-time buyers to secure a property in a prime location.