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Guide price

£55,000

1 bed flat for sale
16A, Erroll Street, Peterhead AB421Px AB42

    • 1 bed

  • Auction

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About this property

  • The property is a purpose built first and attic floor four bedroom flat in a two storey and attic, traditional block of two flats and commercial units on the ground level. Built circa 1900.

  • The accommodation comprises of entrance hallway, living room, kitchen, four bedrooms and bathroom. The main walls are of Granite/Whinstone construction. Freehold Sale. Net Area 89 Sq.M.

  • Property stands on an adequate residential site with outside areas and boundaries comprising of - On street parking at the front. Gardens and access via rear stairwell at rear. Vacant Possession.

  • The property is served by a mains gas supply with the meter located externally at the rear of the property. Mains water supply. Requires refurbishment. Rental potential circa £800 pcm - £9,600 p.a.

  • The property is situated in an established residential area of Peterhead. EPC Rating - Band D. Smoke alarm noted. Carbon monoxide detector. Great location for rental. All amenities available locally.

** sale by auction - 08 October 2026 - Timed Online Auction **

16A erroll street, peterhead, AB42 1PX - £75,000 (Seventy Five Thousand Pounds Sterling). Top Floor Flat. Vacant possession. Popular residential location close to Peterhead town centre *** Requires upgrading and refurbishment throughout *** Excellent investment opportunity. Freehold Sale. Opportunity to acquire a four bedroom duplex flat situated within a well established residential area of Peterhead, The property is a purpose built first and attic floor four bedroom flat in a two storey and attic, traditional block of two flats and commercial units on the ground level. Built circa 1900. Property stands on an adequate residential site with outside areas and boundaries comprising of - On street parking at the front. Gardens and access via rear stairwell at rear. The accommodation comprises of entrance hallway, living room, kitchen, four bedrooms and bathroom. The main walls are of Granite/Whinstone construction. Net Area 89 Sq.M. 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 (post renovation).

The subjects can be found within the town of Peterhead, approximately 33 miles north of Aberdeen. The town has a resident population of 24,000 people and benefits from a strong catchment. Peterhead continues to see increasing demand due to ongoing energy sector investment and its position as a key coastal hub. This growth is expected to support both rental values and long-term capital appreciation. 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 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 and restaurants.

Auction Details
08 October 2026,10am-3pm
Timed Online Auction

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