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27, Maiden Street, Flat C, Peterhead, AB421EE - Image 1
27, Maiden Street, Flat C, Peterhead, AB421EE - Image 2
27, Maiden Street, Flat C, Peterhead, AB421EE - Image 3

27, Maiden Street, Flat C, Peterhead, AB421EE

Scotland

£5,000
Listed on 22/03/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat in Peterhead presents a unique investment opportunity, particularly appealing for buyers interested in renovation projects. Previously sold for £65,000 before repossession, this property is situated in Scotland's second-largest coastal town, known for its rich tourism and fishing industries. With easy access to Aberdeen, just an hour away by car, the location is ideal for those seeking a blend of serene coastal living and urban convenience. The flat is close to various amenities such as grocery stores, restaurants, and recreational facilities which can enhance its rental potential once updated. Local attractions include beautiful beaches and outdoor activities like yachting and golfing. This property has substantial potential to be transformed into a desirable home or rental unit through thoughtful renovations, capitalizing on the promising market dynamics in the area.

Investment Analysis

(AB42 area)
Area Average
£135/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
686%
Properties sold annually

Local Market Trend (AB42)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -3.3%
5 year growth: -0.5%
Investment Disclaimer: Analysis based on AB42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

27, Maiden Street, Flat C, Peterhead, AB421EE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£18
Based on a loan of £3,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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