Summary - 17 St Andrew Street, Peterhead, Aberdeenshire, AB42 1EH AB42 1DS
1 bed 1 bath Apartment
Nine modern one-bed flats sold as a single investment lot with parking..
Nine refurbished one-bedroom flats sold as a single investment lot
Mix of three layouts increases tenant appeal and letting flexibility
Private off-street residents' parking included for all flats
Each flat ~43 m² (approx 463 ft²) — compact one-bed layouts
Newly renovated — modern kitchens and bathrooms throughout
White goods not supplied; appliances will be investor responsibility
Area classed as very deprived — lettings sensitive to local economy
Tenure unknown; confirm legal/title details before purchase
This is a rare portfolio sale: nine newly refurbished one-bedroom flats offered as a single investment lot in Peterhead. Each flat is finished to a neutral, modern standard with contemporary kitchens and three-piece bathrooms, allowing immediate let-ready occupation and minimal initial spend.
The development includes private residents’ off-street parking—a clear rental-market advantage in town locations—and a mix of three layouts to broaden tenant appeal. Individual flats are compact (average flat ~43 m² / 463 ft²) with efficient one-bedroom layouts suited to single occupants or couples. White goods are not supplied, giving flexibility but requiring investor-provided appliances if desired.
Location delivers dependable tenant demand: Peterhead is a coastal employment centre and port with local amenities and public transport nearby. However, the surrounding area is classified as very deprived and described as constrained renters; investors should allow for letting sensitivity to local economic shifts and set rents competitively.
Practical considerations: the portfolio is newly renovated so immediate refurbishment costs are low, broadband speeds are average and mobile signal is excellent. Tenure details are unknown and should be confirmed. There is no private garden space and units are small — the proposition suits a buy-to-let or portfolio investor seeking income and scalability rather than owner-occupier amenity.
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