Flat for sale in 9 Academy Road, Fraserburgh AB43

• Prime Property Auctions are pleased to present a new investment opportunity in Fraserburgh *** Guide Price £65,000 ***

• *** 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% if achieved at a guide price of £65,000. *** 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 23.6% based on an occupancy rate of 70%. 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 £65,000

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 £65,000. *** 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 23.6% based on an occupancy rate of 70%. 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.

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.