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See how verdicts work2-bedroom flat · AB42 1JE
Listing removedListed 119 daysAuction 16 Jul · ended
Opportunity summary
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About
** SALE BY AUCTION - 16 July 2026 - Timed Online Auction ** ***Well presented freehold 2 bedroom tenanted flat***Certain to appeal to first time buyers and investors*** Rental income of £474pm £5,700pa*** ***Fantastic investment opportunity with high rental demand.
Turnkey investment with sitting tenant*** ***NEW TO AUCTION***GUIDE PRICE £15,000 BELOW HOME REPORT VALUATION*** Substantial discount and equity on this purchase*** ***The property comprises: entrance hallway, lounge, kitchen, 2 bedrooms and bathroom.
Benefits include double glazing and gas central heating via a modern combi boiler*** ***Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour.
Great opportunity for buy-to-let investor looking for quick renter*** Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000.
The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away, offering commuting distance.
Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour.
Local pursuits include yachting, canoeing, hillwalking, shooting/hunting, golf and fishing, making the town ideal for the outdoor enthusiast.
The coastal town of Peterhead is steeped in history and the largest town settlement in Aberdeenshire with a population of approximately 18,500 residents.
Founded in 1593, it developed as a port and functioned briefly as a fashionable 18th-century spa.
By the early 19th century it had become the chief British whaling centre for Scotland and is currently one of the largest white fish markets in Europe.
Peterhead is the most Eastern port in Scotland with a thriving harbour and bustling fish market providing a service to the fishing, oil and gas and other maritime industries.
The town centre is a short distance from the property and provides all that one would expect from modern-day living, including a multitude of local shops, pubs, restaurants, eateries galore and major supermarkets.
There are NHS facilityâ??s available with a choice of primary schools with higher education available at Peterhead Academy.
Auction Details 16 July 2026, 10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 75, Longate, Peterhead, AB421JE
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