Commerce Street
Fraserburgh, AB43

Commerce Street
Fraserburgh,AB43

2 Bedrooms 1 Bathroom
Guide price:£78,000
Ends 15th August 2022 at 3PM
  • Parking:Private
  • Council Tax Band:A
  • Ideal investment property
  • Immaculate condition
  • Ground Floor
  • Central Fraserburgh location
  • Gas Central Heating
  • Double Glazed windows
  • Off road parking to the rear
  • Turn Key investment opportunity
  • Pre-auction offers welcomed
  • Open plan kitchen living area

Description

This modern two bedroomed ground floor flat is in a great location close to all local amenities, bank, shops, restaurants and schools. This stylish property benefits from gas central heating and double glazing. This ground floor flat entry is from just off the street. It has a security intercom system and which leads to a communal area/stairs with two communal storage cupboard, one housing the electric and gas meters for all three flats. This property also has off the road parking at the rear off the flat.

Rent currently being achieved is £475pcm which would return an annual income of £5,700.  Should the tenants move out realistic market rent for this property would be closer to £600pcm giving an annual income of £7,200 and would provide a terrific yield of over 9%.

Photos provided by seller.

In the event of an offer being accepted the following charges will be payable immediately:-

Buyers Fee £3,000

Deposit to the sum of 10% of the sale price (subject to a minimum of £3,000)

 

EPC rating: C. Council tax band: A,

Location

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Edinburgh

Beautiful Capital City of Scotland is a popular tourist and business destination all year round.  The property market in this fine Festival City has consistently remained buoyant for a good number of years and doesn’t show any signs of slowing down at any time soon.  Edinburgh is our hub for both the city and all surrounding areas from the scenic Scottish Borders to the commuter towns of and picturesque villages of Fife.

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Dundee

The wonderful City of Discovery has enjoyed a regeneration in recent years with the waterfront development on the banks of the Firth of Tay estuary at the heart of it.  Dundee benefits from a large Student population ensuring rental properties, in particular,  are always popular.  Moving south from Dundee is the Fair City of Perth while going the other direction North of Dundee you have the birthplace of Scotland, Angus.

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Aberdeen

The Granite City, as it is affectionately called, is a vibrant city with a large student population.  The city has benefited from the Oil industry with a number of large businesses headquarters being based there.  The Aberdeenshire area boasts some of the best beaches and coastal walks in the country.  With the rise in popularity of Staycations the rural settings of Aberdeenshire villages are sure to be popular in the coming years.