Summary - Site at Leask Avenue, Peterhead, AB42 2XE AB42 2XE
1 bed 1 bath Land
Freehold development plot with planning for two 3‑bed homes — auction sale, ready for delivery.
Full planning permission for 2 x 3-bed houses (Planning ref: APP/2022/1651)
A rare development plot with full planning permission for two three-bedroom houses (Planning ref: APP/2022/1651). Offered freehold and scheduled for sale at auction, this site provides a clear, permitted route to deliver two family homes in a residential neighbourhood of Peterhead. Broadband and mobile signal are reported as strong, and there is no identified flood risk.
The site is being marketed at a low guide price to encourage a prompt sale; nearby sold comparables include properties at Fairhaven (£195,000, Jan 2023) and Malvern (£218,000, Dec 2023), which indicate local market demand for similar homes. The blank-site nature gives developers flexibility over final house specification and finish to suit local buyer tastes or rental requirements.
Buyers should note material considerations: the area is classified as very deprived with constrained renting dynamics and outer-city hardship — this affects local demand profiles and may influence yields or resale values. The plot will be sold via timed online auction, so purchasers must be prepared to meet auction terms and complete required due diligence before bidding.
This opportunity suits small developers or investor-builders who want a permitted, near-complete planning position and who can manage construction, specification decisions and local-market sales or lettings. The freehold tenure and absence of flood risk simplify delivery, but the social and economic profile of the wider area should guide pricing, tenure strategy, and funding decisions.
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