* Freehold
* HMO opportunity
* Nine bedrooms
* Potential rental income for all 9 rooms £675pw/£35, 100pa
* Visit the Auction House Scotland website to download the Legal Pack
Nine bedroom HMO
New to auction is this nine bedroom HMO in St Andrew Street, Peterhead. The
accommodation is across four floors and comprises of an entrance vestibule
which leads to the first floor with two generously sized rooms and the
communal kitchen. On the second floor there are a further three bedrooms with
a large, shared bathroom. On the third floor there are a further three
bedrooms with a separate w/c and on the top/attic floor is the final bedroom
and shower room. The property is currently operating at four of the nine rooms
occupied. Rooms are let out at circa £75pw – with the rental income currently
at £15, 600pa, however at full occupancy this would equate to £675pw/£35, 100pa.
If purchased at the Guide Price the current yield would be 16% with a
potential yield of 35%. This is an opportunity not to be missed and early
viewing is recommended. Council Tax Band: D.
Peterhead is a coastal fishing town on the north east coast of Scotland,
approximately 30 miles north of Aberdeen. The town offers a wide range of
local and national retail options, as well as a number of hotels, bars and
sporting facilities. The A90 links Peterhead both north and south, and there
is a Park and Ride facility at nearby Ellon. Peterhead also offers both
primary and secondary schools.
**Purchasers notes**
Please note that these particulars have been prepared by us on the basis of
information provided by our client. If there is any aspect of these
particulars that you wish clarified or that you find misleading please contact
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fixtures, fittings etc.
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