Auction House / Scotland
  • For Sale By Unconditional Online Auction
  • Guide Price* : £40,000
  • Auction Ended 15/08/2023
  • Lot 45

22 Duncan Crescent, Peterhead, Aberdeenshire, AB42 1QX

FOR SALE VIA NATIONAL ONLINE AUCTION. REGISTER TO BID!

Location

Peterhead is a coastal fishing town on the north east coast of Scotland, approximately 30 miles north of Aberdeen. The town offers a wide range of local and national retail options, as well as a number of hotels, bars and sporting facilities. The A90 links Peterhead both north and south, and there is a Park and Ride facility at nearby Ellon. Peterhead also offers both primary and secondary schools.

Description

Tenanted investment in Peterhead.

New to auction is this upper cottage flat investment on Duncan Crescent, Peterhead. The accommodation comprises staircase leading to flat on first floor, spacious lounge, kitchen with a range of fitted wall and base units, two large double bedrooms, multiple storage cupboards and family bathroom. There is also a large front and rear garden. The property is currently tenanted by a long-term tenant who is paying £400pcm /£4,800pa. Although the current LHA value is £7,120pa for this property and is due an increase. If purchased at Guide Price currently this gives a yield in excess of 12%. To ensure you do not miss out on this fantastic opportunity, early expression of interest is recommended.

Council Tax Band

A

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

3.6% including VAT subject to a minimum fee of £3,600.00 including VAT payable on the fall if the Virtual Gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £40,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Finance available on this property
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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.