£99,995 Guide price

St Andrew Street, Peterhead, Aberdeenshire, AB42 1DS

9 bedroom flat for sale

Property Details

Nine bedroom HMO

New to auction is this nine bedroom HMO in St Andrew Street, Peterhead. The accommodation is across four floors and comprises of an entrance vestibule which leads to the first floor with two generously sized rooms and the communal kitchen. On the second floor there are a further three bedrooms with a large, shared bathroom. On the third floor there are a further three bedrooms with a separate w/c and on the top/attic floor is the final bedroom and shower room. The property is currently operating at four of the nine rooms occupied. Rooms are let out at circa £75pw – with the rental income currently at £15,600pa, however at full occupancy this would equate to £675pw/£35,100pa. If purchased at the Guide Price the current yield would be 16% with a potential yield of 35%. This is an opportunity not to be missed and early viewing is recommended. Council Tax Band: D.

Peterhead is a coastal fishing town on the north east coast of Scotland, approximately 30 miles north of Aberdeen. The town offers a wide range of local and national retail options, as well as a number of hotels, bars and sporting facilities. The A90 links Peterhead both north and south, and there is a Park and Ride facility at nearby Ellon. Peterhead also offers both primary and secondary schools.

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.

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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.

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Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact data@ros.gov.uk.

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Property History

  • Property added on 5 July 2023
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