Main Street, Peterhead, AB42
By Re/Max Coast and Country
£ 275,000
Reviews
2 out of 5 stars
Re/Max Coast and Country says ..
PRICE REDUCTION OF £40000 A UNIQUE DEVELOPMENT OPPORTUNITY IN THE POPULAR VILLAGE OF LONGSIDE ABERDEENSHIRE. THE FORMER BRUCE HOTEL 39 MAIN STREET LONGSIDE AB42 4XL Circa 1840-50 LISTED BUILDING CATEGORY C
Property Oracle says ..
This property in Peterhead, Aberdeenshire presents a unique opportunity for buyers seeking a large building in a town centre location. The substantial size, with 12 bedrooms and 4 bathrooms, makes this property suitable for a variety of purposes, including conversion into apartments or a large family home with potential for additional dwelling units. The existing structure shows potential, however extensive refurbishment is required throughout the entire property. The images indicate that the kitchen, internal walls, floors, and some of the bathrooms will need major updating or replacement. The exterior, notably the outbuildings, also demonstrates considerable deterioration and requires significant repairs. The property includes a reasonably large garden. Prospective buyers should factor in a substantial budget for renovations and repairs before committing to a purchase. The lack of specific details on local amenities, transport links, and nearby schools prevents a precise evaluation of the location’s suitability. Further investigation into the local council planning regulations and their impact on potential conversions is also recommended. A detailed survey and professional assessment of the required refurbishment works would be highly recommended prior to any purchasing decision to more accurately assess the property’s true value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 5
- Bedrooms
- 12
- Bathrooms
- 4
- Sqft (est)
- 1,761.62
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 299,346.00 £Decreased by 21.45 %
- Est sale value
- 440,405.00 £Increased by 17.92 %
- Average area rental value
- 1,013.00 £/moDecreased by 34.65 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.06 %Decreased by 16.80 %
- Crime Rate
- 0.00 %
Agent Activity
Re/Max Coast and Country created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Road | £ 230,000 | 0 | 0.00 KM |
| Station Terrace | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Main Street, Peterhead, AB42 | £ 275,000 | BUY | 5 / 10 | 0.00 KM |
| Hatton, Peterhead, AB42 | £ 295,000 | BUY | 5 / 10 | 0.26 KM |
| Station Terrace, Longside, AB42 | £ 315,000 | BUY | Unknown | 0.57 KM |