£129,995 Guide price
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.
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
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading, please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is National Property Auctions Limited trading as National Property Agents. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission.
National Property Auctions Limited trading as National Property Agents are revolutionising the sale of property in Scotland. Remember, if you are buying a property which is being sold by National Property Auctions Limited trading as National Property Agents you will normally be responsible for payment of a Buyer's Premium of 1% of the purchase price subject to a minimum of £3000 including VAT. More details can be obtained on application.
National Property Auctions Limited trading as National Property Agents are registered with HMRC and carry out due diligence on all of our clients, please ask for more information on identification required prior to entering into a contract. Should an electronic Veriphy be necessary, a cost of £10 inc VAT is payable prior to application, more information on request.
Cybercrime Warning: Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.
If a property value displays '0', don't worry it just means no properties have been sold in that area during that time.
Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact data@ros.gov.uk.
Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.
If you have noticed any incorrect information, please contact info@s1now.com.