Block of Apartments for sale

Castle Street, Fraserburgh, AB43

Guide Price* £150,000

Property Description

Key features

  • Portfolio Of 4 Flats
  • Rental Yield Potential Of Over 17%
  • Massively Discounted From Current Values
  • Secure Entry System
  • Communal Garden Area To Rear
  • Occupying Full Block
  • Potential Rental Value 26,347pa At LHA Rates

Full description

Tenure: Freehold

Fantastic investor opportunity to purchase these four flats occupying a full building on Castle St, Fraserburgh. The flats are formed over three floors and consist of: two x one bedroom flats on the ground floor, a three bedroom flat on the 1st floor and a three bedroom flat on the second floor. The top floor flat is currently tenanted at £600pcm with the other three flats becoming vacant recently. The two three bed flats have double glazing and gas central heating (new boilers within the last year) and the one bedroom flats have double glazing and electric heating. The building has a secure entry system and there is a communal garden area to the rear. With full occupancy this portfolio could offer a rental yield of over 17% at LHA rates and a massive discount from the current property values. Arrange a viewing now to be sure not to miss out.

Property Specifications

39A Castle Street

Lounge 4.129m x 3.249m

Kitchen 3.646m x 2.675m

Bedroom 3.407m x 2.856m

Bathroom 2.492 x 1.509

39B Castle Street

Lounge 4.377m x 3.233m

Kitchen 3.403m x 2.571m

Bedroom 2.767m x 2.468m

Bathroom 2.497m x 1.483m

39C Castle Street

Lounge 5.296m x 4.389m

Kitchen 5.042m x 4.126m

Bedroom One 3.453m x 3.272m

Bedroom Two 3.460m x 3.065m

Bathroom 2.490m x 1.538m

39D Castle Street

Lounge 5.429m x 4.361m 

Kitchen 5.442m x 4.077m

Bedroom One 4.002m x 3.232m

Bedroom Two 4.008m x 2.789m

Bedroom Three 3.063m x 2.802m

Bathroom 2.805m x 1.877m



Area

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 Coast of Buchan. The town still sees many fishing boats in the harbour and is the largest shellfish port in Europe. The town is a traditional seaside resort and has a good range of local amenities and facilities. Primary and Secondary schooling are available in Fraserburgh and a good bus service is in operation to the city of Aberdeen.



PURCHASERS NOTES

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Listing History

Added on Rightmove:
12 March 2020

Nearest station

  • Inverurie (31.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

National Property , Glasgow

18 Woodside Place, Glasgow, G3 7QL

03339 871959 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

National Property , Glasgow

18 Woodside Place, Glasgow, G3 7QL

03339 871959 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Inverurie (31.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

National Property , Glasgow

18 Woodside Place, Glasgow, G3 7QL

03339 871959 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 17400946. 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 National Property , 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.

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