Initial price	£65,000
04/10/24	£62,000
Price Change	-4.62%

Prime Property Auctions presents a new investment opportunity in Fraserburgh, Aberdeenshire, with a guide price of £62,000. The property, located on Victoria Street, is a ground floor flat with a generous living room, two bedrooms, kitchen, shower room, and ample storage. With a potential rental income of £550-£650 per month (£6,600-£7,800 per annum), the property offers a gross yield of 12.58%. Alternatively, it could be used as a serviced accommodation or short-term let, generating £15,330 per annum and a gross yield of 24.72%. The property is situated in a prime location, close to local amenities and with easy access to public transport. With similar properties selling for higher prices, this is a fantastic opportunity for investors or first-time buyers to secure a property at a discounted price.