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Two-bedroom flat in prime location

Fraserburgh, AB43 - Get Access

2 bed 1 bath

Description

Fraserburgh is a bustling port town located on the northeast coast of Scotland, boasting a robust fishing industry and rich maritime history. With its scenic harbour, lighthouse museum, and welcoming community, Fraserburgh offers an ideal blend of coastal beauty and local charm. The town provides convenient amenities and transport links, making it a desirable place for both residents and investors. Situated within a prime location in Fraserburgh, this vacant two-bedroom flat offers a fantastic opportunity for investors and purchasers alike. The property comprises two spacious bedrooms, a well-appointed bathroom, and a comfortable living room, all designed to provide generous living spaces. Located a short five-minute walk from Fraserburgh bus station, the flat is ideal for those commuting to central Aberdeen, providing convenience and accessibility. The property offers excellent rental potential, with an estimated rental value of £500 to £600 per calendar month (£6,000 to £7,200 per annum). This represents an attractive yield based on the guide price. Furthermore, the property benefits from strong comparable sales in the area, with nearby properties on North Street and Duke Lane demonstrating solid historical values. This lot is suitable for anyone looking for a straightforward purchase with excellent upside potential.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 700 sq ft

This two-bedroom traditional flat on Kirk Brae in Fraserburgh was valued by assessing local market norms for similar period properties in the area. The valuation factors in the property's internal size of approximately 700 square feet and its central location. Particular attention was paid to the current condition, specifically the need for comprehensive damp remediation and modernisation of the kitchen and bathroom suites.

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