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See how verdicts work1-bedroom flat · AB42 1EE
Listing removedReduced £1k (−6.7%) on 6 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent opportunity to acquire a centrally located one-bedroom flat in the heart of Peterhead - ideal for first-time buyers, commuters or buy-to-let investors.
This superb first-floor flat occupies a convenient town centre position in the historic fishing port of Peterhead, with a wide range of shops, supermarkets, cafés, restaurants and everyday amenities all within easy walking distance.
Offering excellent value for money, the property would make an ideal first home, an affordable base for commuters or an attractive addition to an investment portfolio.
Property of this size in this location offers a potential rental income of up to £400- £500per month (£4,800- £6,000 per year) offering an outstanding return on investment.
Low cost investment opportunity in popular rental spot. The accommodation comprises an entrance hallway, bright lounge/bedroom studio, fitted kitchen and bathroom.
Offered with vacant possession, the property is ready for immediate occupation or could be let without delay.
Peterhead remains one of north-east Scotland's most important coastal towns, with a population approaching 20,000 and a thriving harbour that supports the region's renowned fishing and energy industries.
Excellent road links via the A90 place Aberdeen City Centre approximately 45 minutes away, while Aberdeen Airport can be reached in around 40 minutes.
The surrounding area offers an excellent range of leisure opportunities including golf, sailing, fishing, walking and cycling, together with popular visitor attractions such as Peterhead Prison Museum, Slains Castle, Arbuthnot Museum and the Buchanhaven Heritage Centre.
Comparable local sales demonstrate continued demand for similar properties: 23A Maiden Street - Sold November 2025 - £35,000 27B Maiden Street - Sold November 2025 - £24,000 1 Maiden Street - Sold September 2025 - £33,750 Whether you're taking your first step onto the property ladder or expanding your portfolio, this represents an affordable opportunity in a well-established coastal town.
This lot will be sold under auction terms and conditions by Braveheart Auctions. Speak to one of our dedicated team today for more information or visit our website.
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Pass the details to Braveheart Auctions- We will sell it and we will pay you for the referral. Or speak to us about a free auction valuation.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 23 Maiden Street, Peterhead
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