Homes under the hammer in Aberdeenshire for under £50,000
If you’re looking to buy a home in Aberdeenshire, it’s worth checking out what’s available via auction.
From renovation-ready homes which offer an opportunity to add value, to rental investment opportunities, you may be surprised at the variety of properties you can find and at a bargain price.
Property auctioneers Auction House Scotland have several Aberdeenshire lots going under the hammer this month, all with guide prices below £50,000.
Flat B, 2 Caroline Place, Fraserburgh - Guide price £30,000+
The lowest priced of the auction house’s lots, and one of the cheapest homes for sale in Aberdeenshire right now as listed on property website Rightmove, this one-bedroom ground floor flat in Fraserburgh could be great for a first-time buyer looking to get their foot on the housing ladder.
Priced at a significant 20 per cent discount to its Home Report value of £38,000, the flat includes a reception hall, lounge, kitchen, bedroom and shower room.
It’s also in a convenient town centre location, within walking distance of various shops and amenities, and is less than a mile from Fraserburgh’s sandy beach.
75 Marquis Road, Aberdeen - Guide price £37,000+
If you’re looking for a property in Aberdeen, this one bedroom first floor flat could be right up your street.
Being offered for sale at discount to its Home Report value of £50,000, the property is in a convenient location in the Woodside area of the city, just off Great Northern Road, less than a mile from the University of Aberdeen and within 1.5 miles of both Berryden and Kittybrewster retail parks.
The area is a high demand rental location, so buy-to-let investors could be interested in the property’s potential rental income of over £420 per calendar month – an impressive rental yield of 13 per cent.
56 Manse Street, Fraserburgh - Guide price £45,000+
If you’re looking for a roomier residence, this traditional three-bedroom end terrace house within walking distance of Fraserburgh town centre could be worth a look.
The property consists of an entrance hallway, lounge, bedroom one and galley kitchen on the ground floor, whilst the first is occupied by a further two bedrooms and a family bathroom.
For outdoor space, there is a small courtyard to the rear off the kitchen.
The Home Report suggests £20,000 of works are required to the house, however with an estimated end value of £80,000, there is an opportunity for a new owner to add value to their property purchase (those interested should request a copy of the Home Report for more detail).
Further details about the Aberdeenshire lots and the upcoming auctions, visit Auction House Scotland’s website at https://www.auctionhouse.co.uk/scotland
To request a viewing, or for more information about buying at auction, please call Auction House Scotland’s office on 0141 339 4466.