For Sale By Auction | 22 February 2022 | Lot 5

60 School Street, Fraserburgh

Sold Prior

  • Property For Sale

Call the team on 0141 339 4466 for more information

Auction Closed

Viewing Times

Please call Auction House Scotland on 0141 339 4466 to arrange a viewing

Four bedroom Maisonette. We are delighted to present to auction this sizeable double upper maisonette in the thriving fishing town of Fraserburgh on the north east coast of Aberdeenshire. With main door access at ground floor level, and extending over first floor and attic levels, the spacious accommodation comprises lounge, dining kitchen, shower room, four bedrooms and a boxroom. Further benefits include spacious shelved store room, gas central heating, double glazing and a garage for parking or additional storage. The competitive Guide Price offers a fantastic discount of 35% against Home Report, and reflects the need for some degree of maintenance, repair and upgrade. Of course, this in turn offers an exciting opportunity to add value for ultimate refinance, rental or resell. Buy to let investors will also be keen to take advantage of an outstanding potential rental yield of more than 30% (LHA levels at current Guide Price). As a high yielding investment property, or spacious family home, this one is sure to attract strong and early demand. Early viewing is recommended to avoid missing out on an opportunity that won’t be around for long. Disbursements See Legal Pack for any Disbursements.

Location

Fraserburgh is a thriving fishing town outside on the north east coast of Aberdeenshire. There is a good choice of local shops, bars and restaurants. There are good transport links and it also has its own golf course. This is a popular buy to let locale for people working for the oil industries. The town comprises several attractions including an award winning sand beach, a major harbour, the lighthouse museum, heritage centre and a variety of amenities and facilities all within close proximity.

Additional Fees

Administration Charge - 3% of the purchase price subject to a minimum of £3,000.00 plus VAT, payable on the fall of the Virtual Gavel.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.