We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · AB42 1RB
Listing removedListed 184 daysAuction 21 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sale by auction - 21 May 2026 - Timed Online Auction ** Attractive lower cottage Two bedroom main door flat located in the heart of Peterhead.
Would Suit investor landlord with many local properties achieving good rental returns on outlay. Net internal area - 74 Sq.M.
J & E Shepherd Chartered Surveyors RICS Home Report £50,000 (Fifty Thousand Pounds Sterling). Internal accommodation comprises of hallway, lounge, fitted kitchen, two bedrooms and bathroom.
A degree of modernisation to the interior is required prior to habitation/rental. The property is in fairly poor condition.
There is evidence of water damage to the bathroom and rear bedroom likely caused from a plumbing issue form the flat above. Affected areas were found to be dry. Windows are in poor condition.
Damage was noted to external lintels and window sills.
Peterhead is the largest town in Aberdeenshire with a resident population of over 19,000 and a massive influx of visitors through 'Europe's largest fishing Port' driving high rental demand.
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.
Peterhead is a coastal fishing town on the A90 approximately 30 miles north of Aberdeen which is ideal for commuting to the city, the airport and nearby towns such as Ellon.
There are good bus links to the city and surrounding areas. There is also a Park & Ride facility at Ellon which is popular with commuters.
Peterhead itself has a good range of amenities including a variety of shops, supermarkets, restaurants, hotels, sporting facilities and a community centre.
There is a range of primary schools and Peterhead Academy provides good secondary schooling.
There is a fabulous golf course, a marina, a range of beaches and many great walks in Peterhead and the surrounding areas.
Auction Details 21 May 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.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for 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
Agent & docs
.jpeg){kind=logo}
FAQ
About 95, Catto Drive (GFF, Store and Garden), Peterhead
Explore nearby
