Summary - 63, BROAD STREET, PETERHEAD AB42 1JL
4 bed 1 bath Flat
High-yield auction lot for hands-on investors seeking immediate income.
Currently tenanted; rent believed £830pcm (£9,960pa)
A four‑bedroom maisonette in central Peterhead offered as a tenanted investment with immediate rental income. The property is currently let (rent believed to be £830pcm) and is being sold by auction, providing a quick route to acquisition for investors seeking high initial yield.
Accommodation is arranged over three levels and includes a ground‑floor entrance/utility, first‑floor living room, kitchen and shower room, and three attic bedrooms with a second shower room. The building benefits from gas central heating and double glazing, and there is a shared rear courtyard. EPC rating E — buyers should budget for energy improvements where required.
The guide price produces a high nominal yield (c.19.9% at the stated price), reflecting the low entry point compared with recent local sales. Peterhead is Aberdeenshire’s second town with local employment in fishing and tourism and good access to Aberdeen for commuters.
Important considerations: the property sits in a very deprived area classification and will be sold at auction, with the lot currently tenanted and tenure listed as unknown. Buyers should carry out full legal and physical due diligence, confirm tenancy terms and rental evidence, and allow for potential maintenance and refurbishment costs prior to re‑letting or resale.
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