Ref: Lot 21
Town & Country are delighted to present this fantastic investment opportunity in the heart of Fraserburgh.
Town & Country Property Auctions are delighted to present this spacious 2 bed flat in the centre of Fraserburgh.
The property would make an excellent but to let property with a potential rental of £450pcm generating an impressive 54% yield against guide price.
The property is in good condition throughout with new double glazing recently fitted and high efficiency electric heating. The accommodation comprises a spacious lounge with dual aspect windows and sea views, a large dining kitchens with lots of storage, two bedrooms and a bathroom. The property is freshly decorated throughout with modern carpets.
*Please note - there is no home report for the property as it is deemed uninhabitable due to ongoing communal repairs.
* Plus 2.4% Buyers Premium inc. VAT (subject to a minimum of £5,000 inc VAT)
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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