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 /£4800pa. Although the current LHA value is £7120pa 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.

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.


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