Shore Street
Fraserburgh, AB43

Shore Street,
Fraserburgh,AB43

9 Bedrooms 4 Bathrooms
Guide price:£121,000
Ends 12th November 2021 at 3PM
  • Traditional
  • Parking:Street
  • Council Tax Band:B
  • High Yielding Investment Opportunity
  • Potential Yield of around 20%
  • Three 3 bedroom properties
  • Great location close to the harbour
  • gas central heating
  • Double Glazed windows
  • Private garden and driveway
  • Large rooms with sea views
  • Ideal for short term lets
  • Pre-auction Offers welcomed
  • Gas Central Heating

Description

This is an incredible and rarely available investment opportunity to purchase 3 flats in the same block....With the increase in popularity of short term rentals this is sure to be popular amongst shrewd investors.  This multi functional home would be the ideal investment for someone looking to start or grow their portfolio.

This unique property is set over three floors. 25 & 29 Shore Street is currently split as three, 3 bedroom flats and with the large spacious rooms this would make the ideal investment or spacious family home.

No 25 flat A :

This self contained ground floor flat is the largest of the three and has access to the low maintenance secluded back garden.

3 good sized double bedrooms, en-suite to the master and a bright airy lounge to the front of the property and kitchen with access to the garden.

No 29 flats B & C :

The 2 upper three bed flats are identical in layout, both with good sized double bedrooms and spacious lounges to the front with sea views.

Access to the internal stairwell is from the side door on the drive, there is also door access from the entrance hall to the garden and patio.

Realistic rent for a 3 bedroom flat in this area would be around £700pcm giving a total annual income £25,200 and providing a terrific potential yield of around 20% if achieved for guide price.  Short term lets would likely provide even higher rental figures.

Fraserburgh is a major fishing port that lies at the far north east corner of Aberdeenshire. While fishing is the town’s main industry Fraserburgh has a wealth of undiscovered beauty along the magical coastline surrounding the town and immediate area. The town also provides a wide selection of shops, business and leisure facilities including bowling/leisure centre, swimming pool, links golf course and expansive sandy beach. St Fergus, Peterhead and Aberdeen are all within commuting distance.

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: E.

Location

Documents

PDF
Floorplan
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PDF
EPC
Certificate
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Available
Areas

edinburgh_shore
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.

dundee_city_quay
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.

aberdeen
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.