13 Saint Peter Street, Peterhead, AB42 1QB
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead at 13 Saint Peter Street, Peterhead *** High Cash Flow Potential ***
- *** 29, St. Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously £52,000 in 2024 ***
- Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own st
- For rental purposes, Once renovated the property could generate £500 - £650 , which would provide an extremely impressive 20% - 26% gross yield based on the guide price of £30,000 ***HIGH YIELD PO
- Property is located right in the centre of Peterhead near a whole host of local amenities, with easy access to public transport nearby - ***PRIME LOCATION***
Description
- Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead *** Guide Price £22,000 ****
- 29, St. Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously £52,000 in 2024 ***
- Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own stamp on. Ideal for investors looking to utilise the BRRR strategy.
- For rental purposes, Once renovated the property could generate £500 - £650 , which could provide an extremely impressive 27% - 35% gross yield based on the guide price of £22,000 ***HIGH YIELD POTENTIAL***
- Property is located right in the centre of Peterhead near a whole host of local amenities, with easy access to public transport nearby - ***PRIME LOCATION***Prime Property Auctions is excited to present a excellent refurb opportunity in the heart of Peterhead *** Guide Price £22,000 ****
Property comprises: Large Entrance hallway, living room, kitchen, 1 Large double bedroom and bathroom. Property benefits from a prime location right in the city centre and nearby the coast
Brilliant BRRR Opportunity. Sure to appeal to investors looking for an easy lettable property in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand in the area which is also popular for rentals
Property requires a degree of renovation. Fantastic Capital growth potential. Sure to appeal to shrewd builder/investor or owner occupier looking for a Rare auction property they can put their own stamp on. Ideal for investors looking to utilise the BRRR strategy.
*Potentially Very High Yielding* Property could generate £500 - £650 , which could provide an extremely impressive 27% - 35% gross yield based on the guide price of £22,000
The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:
29, St. Peter Street, Peterhead, AB42 1QB previously sold for £72,500 in 2020, Flat 4 Chapel Street, Peterhead, AB42 1TH previously
£52,000 in 2024 ***
Hugely discounted refurb opportunity and potentially high yielding investment. Ideal for an investor seeking to execute BRRR strategy.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
The local areas have seen some great sales recently showing that there is strong demand. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
Location:
St Peter street is nestled in the heart of Peterhead and is a stone throw from Peterhead Bay. The centre of Peterhead benefits from local amenities such as transport links, superstores and attractive high street pubs and restaurants. With everything at your doorstep, this property offers it all to a first-time buyer or a shrewd investor looking to attract a long staying tenant.
Nestled on the picturesque northeastern coast of Scotland, Peterhead is a charming town that effortlessly marries maritime heritage with natural beauty. As you approach this coastal gem, the scent of salty sea air mingles with hints of fish and chips, welcoming visitors to a place where traditional and modernity coexist in perfect harmony.
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
13 Saint Peter Street, Peterhead, AB42 1QB
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About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Visit our security centre to find out moreDisclaimer - Property reference 209728549. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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