9 Academy Road, Fraserburgh, AB43 9LE
- 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 are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000 ***
- *** 32, Victoria Street, Fraserburgh, Aberdeenshire, AB43 9LU sold for £108,000 in May 2023, 109, West Road, Fraserburgh, Aberdeenshire, AB43 9NE sold for £105,000 in August 2022 ***
- Property could achieve between £550 - £650 per calendar month (£6,600 - £7,800 per annum), achieving a gross yield of 12.58% if achieved at a guide price of £62,000. *** HIGH YIELD POTENTIAL ***
- Property could achieve £60 per night as a serviced accommodation or short term let, generating £15,330 per annum and a gross yield of 24.72% based on an occupancy rate of 70% and a Guide Price of 6
- Sure to appeal to a variety of buyers from investors looking to add a fine investment property to their portfolio, or a first time buyer looking for their home along a scenic shore line.
Description
- Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000 ***
- *** 32, Victoria Street, Fraserburgh, Aberdeenshire, AB43 9LU sold for £108,000 in May 2023, 109, West Road, Fraserburgh, Aberdeenshire, AB43 9NE sold for £105,000 in August 2022 ***
- Property could achieve between £550 - £650 per calendar month (£6,600 - £7,800 per annum), achieving a gross yield of 12.58% if achieved at a guide price of £62,000. *** HIGH YIELD POTENTIAL ***
- Property could achieve £60 per night as a serviced accommodation or short term let, generating £15,330 per annum and a gross yield of 24.72% based on an occupancy rate of 70% and a Guide Price of £62,000. Subject to necessary licensing and consents.
- Sure to appeal to a variety of buyers from investors looking to add a fine investment property to their portfolio, or a first time buyer looking for their home along a scenic shore line.
Prime Property Auctions are pleased to present a NEW investment opportunity in Fraserburgh *** Guide Price £62,000
Property comprises: Ground floor flat, entrance hallway, generous living room, 2 bedrooms, kitchen, a well equipped shower room and ample storage throughout.
*** 32, Victoria Street, Fraserburgh, Aberdeenshire, AB43 9LU sold for £108,000 in May 2023, 109, West Road, Fraserburgh, Aberdeenshire, AB43 9NE sold for £105,000 in August 2022 ***
Property could achieve between £550 - £650 per calendar month (£6,600 - £7,800 per annum), achieving a gross yield of 12% if achieved at a guide price of £62,000. *** HIGH YIELD POTENTIAL ***
Property could achieve £60 per night as a serviced accommodation or short term let, generating £15,330 per annum and a gross yield of 24.72% based on an occupancy rate of 70% and a Guide Price of £62,000. Subject to necessary licensing and consents.
Sure to appeal to a variety of buyers from investors looking to add a fine investment property to their portfolio, or a first time buyer looking for their home along a scenic shore line.
Property is located in centre of Fraserburgh near a whole host of local amenities, with easy access to public transport nearby - ***PRIME LOCATION***
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: *** 32, Victoria Street, Fraserburgh, Aberdeenshire, AB43 9LU sold for £108,000 in May 2023, 109, West Road, Fraserburgh, Aberdeenshire, AB43 9NE sold for £105,000 in August 2022 ***
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
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 on .
Location:
Fraserburgh is a charming and historic town located on the north-eastern coast of Scotland, in Aberdeenshire. Known for its strong maritime heritage, stunning coastal scenery, and welcoming community, Fraserburgh offers a unique blend of seaside living and rural tranquillity. Situated approximately 40 miles north of Aberdeen, the town provides a peaceful yet accessible location for those looking to enjoy the beauty and culture of Scotland's northeast.
Fraserburgh's town centre has a traditional charm, with a variety of independent shops, cafes, and restaurants that reflect the local character. The town's weekly markets and local fishmongers offer fresh, locally-sourced produce, giving residents the chance to enjoy the best of Aberdeenshire's food and drink. The town also has a range of services and amenities, including supermarkets, banks, and healthcare facilities, ensuring that residents have everything they need close at hand.
Transport links in Fraserburgh make it easy to connect with the wider region. Regular bus services connect the town to Aberdeen and other nearby towns, while good road connections, including the A90 and A98, provide convenient access for drivers.
- 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
9 Academy Road, Fraserburgh, AB43 9LE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Inverurie Station31.0 miles
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 209729067. 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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