2 bed flat for sale

41, Ugie Street, Peterhead AB421Nx AB42

** sale by auction - 26 June 2025 - Timed Online Auction **

Attractive lower cottage two bedroom flat located in the heart of Peterhead with open outlooks to front. Would Suit investor landlord with many local properties achieving good rental returns on outlay. Rental Yield of 17%. Internal accommodation comprises of hall, lounge, fitted kitchen, double bedroom, single bedroom and bathroom. A degree of modernisation to the interior is required prior to habitation/rental. Property is further enhanced by a system of gas central heating and UPVC double glazing. There is main door access and communal gardens. Ideal for rental market post works carried out. High tenant demand locally - potential rental income at £500 per calendar month - £6000 per annum. Offering a fantastic rental yield of 17% if property purchased at opening bid price. **comparable sales**2 Bed Rattray Road (same cottage flat style) sold 2024 at £78,000**2 Bed Skelton Street apartment flat sold £60,000 2024**2 Bed Parkhill Road currently marketed at £55,000**room measurements - lounge - 4.14m x 4.14m; Kitchen 3.94m x 2.44m; Bed 1 3.61m x 2.77m; bed 2 2.54m x 2.13m.

Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away, offering commuting distance. Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Local pursuits include yachting, canoeing, hillwalking, shooting/hunting, golf and fishing, making the town ideal for the outdoor enthusiast. The town is reached by the A90 approximately 30 miles north of Aberdeen which is ideal for commuting to the city, the airport and nearby towns such as Ellon. There are good bus links to the city and surrounding areas. There is also a Park & Ride facility at Ellon which is popular with commuters. Peterhead itself has a good range of amenities including a variety of shops, supermarkets, restaurants, hotels, sporting facilities and a community centre. There is a range of primary schools and Peterhead Academy provides good secondary schooling. There is a fabulous golf course, a marina, a range of beaches and many great walks in Peterhead and the surrounding areas.

Auction Details
26 June 2025,10am-3pm
Timed Online Auction

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