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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

Traditional Studio Flat located in the heart of Fraserburgh. Sure to Appeal to buy-to-let landlords looking for a rental property with tenant in place paying £275 per month. READY MADE INVESTMENT.

COMPRISES: Hallway, lounge, kitchen with bedroom and lounge and bathroom. Traditional Building. Fraserburgh is situated at the northern end of the A90 road. Council Tax - Band A.

RENTAL = £375 PCM. This provides an annual rental of £3,300. Quiet street with parking directly outside the property. Located within minutes of Fraserburgh Sports Centre and Beach.

Overall sold prices in Frithside Street over the last year were 173% up on the previous year and 66% down on the 2008 peak of £87,500. SALE: 5 Frithside Street, Fraserburgh, AB43 9AR sold for £47,000.

Fraserburgh is positioned 42 miles from Aberdeen on the North facing Coast of Buchan. Fraserburgh is a popular fishing town located on the north east coast of Scotland, approximately 40 miles north.

RENTAL = £375 per calendar month. This provides an annual rental of £3,300 per annum. Quiet street with parking directly outside the property. Located within minutes of Fraserburgh Sports centre - The property is located within the town centre of Fraserburgh and is only a short walk from the harbour, sandy beach and bus station. COMPRISES: Hallway, lounge with kitchen and bedroom and bathroom. Traditional Building. Traditional apartment with fully double glazed windows, good for small families and investment purpose. Fraserburgh is situated at the northern end of the A90 road. It is served by buses, including the Buchan Express to Aberdeen and a town service numbered 76 and 77. Located in a residential area of Fraserburgh. Close to local amenities, schools and local bus transport route.

Fraserburgh is a popular fishing town located on the north east coast of Scotland, approximately 40 miles north of Aberdeen. Freehold residential sale priced for auction sale. Traditional seaside resort and has a good range of local amenities and facilities. Large rear gardens with access from rear of property. The property is located within the town centre of Fraserburgh and is only a short walk from the harbour, beach and bus station. Fraserburgh is positioned 42 miles from Aberdeen on the North facing the coast of Buchan.

Full Address: 76 Frithside Street, Flat D, Fraserburgh, AB43 9JA

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £3,300 per year / £275 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenant in place paying £275 per month. READY MADE INVESTMENT.

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Pricing Information & Bidding

Opening Bid: £23,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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