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1 Bedroom Flat

1 Bedroom Flat

Address

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Auction date

05 Mar 2026

Guide price

£18,000

Type

Flat

Tenure

Freehold

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

This first-floor flat is an excellent investment opportunity situated near the bustling harbour of Peterhead. It features one bedroom, a lounge, kitchen, and bathroom, and while it is well maintained, some modernisation would enhance its value. The property is currently vacant and boasts a strong rental demand, with a potential income estimated at £425 per month (£5,100 annually).

  • RICS Home Report Value:£40,000 (Feb 2026)
  • Last Sales:2 Wallace Street, £70,000; 4 Wallace Street, £95,000; 8 Wallace Street, £58,000.

Peterhead, the largest town in Aberdeenshire, serves a resident population of over 19,000 and attracts numerous visitors due to its status as Europe’s largest fishing port, enhancing its rental market.

Last update: 04 Mar 2026

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