2 bedroom flat for sale

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2 bedroom flat for sale

Shore Street, Fraserburgh AB43
£165,000

Price History

Initial price £185,000
28/03/24 £175,000
27/04/24 £170,000
11/10/24 £165,000
28/10/24 £150,000
15/11/24 £165,000
Price Change -10.81%

Description

This exceptional Mixed Use Portfolio is located in a prime location in Fraserburgh, Aberdeenshire, and is being offered for sale with a guide price of £165,000. The property comprises a commercial unit with a large kitchen and WC, as well as a spacious 2-bedroom flat above. The commercial unit is currently vacant but has previously been run as a popular Chinese takeaway and could demand a potential rental income of £1,000 per month. The flat is currently tenanted and achieving a rental income of £1,000 per month, providing a gross yield of 7.8% if achieved for the guide price. The property benefits from a rateable value of £10,000 and is situated in a prime location with high yield potential. With strong demand in the local area and recent comparable sales, this property presents a great opportunity for commercial investors looking for a property with high potential for capital growth.