Large period property with strong rental and refurbishment potential.
Six double bedrooms across multiple floors, versatile layout
A large six-bedroom maisonette in central Fraserburgh, offered freehold and sold by auction. The property sits over multiple floors with a communal rear garden and generous storage — a clear layout for conversion or multi-let use. Mobile signal and broadband are excellent, and local rooms in the area currently let for around £150/week.
The building requires renovation and modernisation: it is advertised as needing work and has just one bathroom serving six bedrooms. The wider area is classified as very deprived with a transitional Eastern European neighbourhood and constrained renters profile; these social and market factors will affect lettings and resale timing. Any serviced-accommodation use would need proper licensing and permissions before operation.
For an investor or builder, the house presents tangible upside. Comparable nearby sales have been considerably higher than the current auction guide, indicating potential capital growth after refurbishment. The council tax is described as very cheap, and the property benefits from local shops, schools and public transport — useful for rental demand.
Buyers should budget for renovation costs, consider planning and licensing for HMOs or serviced accommodation, and allow for longer lettings or sales timelines given local deprivation. The auction route suits purchasers able to act quickly and comfortable with carrying works and compliance to unlock the property’s income and value potential.
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