Guide Price £55,000.00
Guide Price £55,000
***GOING TO ONLINE AUCTION***
Brighton and Beck offer to online auction this well-maintained two-bedroom terraced house in Peterhead, representing an excellent investment opportunity with a tenant already in situ and a substantial 43% discount to Home Report value.
The property is presented in good condition throughout and has clearly been very well looked after by the existing tenant, who has maintained the home as if it were their own. Internally, the accommodation offers a comfortable lounge, fitted kitchen with dining space, two well-proportioned double bedrooms and a family bathroom, making this a practical and appealing layout for the rental market.
The photographs show a property that is clean, cared for and ready to continue as a straightforward buy-to-let investment with minimal immediate intervention required. Externally, the house also benefits from private garden ground and off-street parking, further strengthening its appeal to both long-term tenants and contractor accommodation operators.
From an investment perspective, the 43% discount against the current Home Report valuation provides a very attractive entry point, particularly for buyers seeking to acquire an income-producing property at a significant reduction to assessed value. With the tenant already in place, the property also offers the benefit of an established tenancy from completion.
Peterhead remains a popular location for contractor accommodation due to the town's strong links with the energy, marine, fishing and industrial sectors across the wider Buchan area. Two-bedroom houses of this type can therefore appeal not only to traditional buy-to-let investors, but also to those considering the contractor serviced accommodation market, subject to the appropriate consents and licensing.
With an excellent tenant in situ, strong overall condition, private outdoor space, parking, garage and a fantastic 43% discount to Home Report value, this is a particularly attractive investment opportunity for both first-time landlords and experienced portfolio investors.
Early viewing is highly recommended.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £5,000.00 + VAT (£6,000.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.
